Shanghai is a global financial center, ranking third in Asia and eighth globally on the Global Financial Centres Index.[139] Shanghai is also a large hub of the Chinese and global technology industry and home to a large startup ecosystem. As of 2021, the city was ranked as the 2nd Fintech powerhouse in the world after New York City.[140]
As of 2019, the Shanghai Stock Exchange had a market capitalization of US$4.02 trillion, making it the largest stock exchange in China and the fourth-largest stock exchange in the world.[141] In 2009, the trading volume of six key commodities—including rubber, copper, and zinc—on the Shanghai Futures Exchange all ranked first globally.[142] By the end of 2017, Shanghai had 1,491 financial institutions, of which 251 were foreign-invested.
Who said anything about how it looks?
https://en.wikipedia.org/wiki/Shanghai
Shanghai is about as communist as Wall Street. It should look nice, they certainly have the money for it.