Posted AT 10:17 PM EST on 26/12/06
Canadians redevelop Jewish area in Shanghai
SHANGHAI — It began with a tourist visit to a Shanghai synagogue. Five years later, a Canadian artist and his partners are on the verge of a $1-billion (U.S.) project to preserve and develop the historic Jewish district of Old Shanghai.
The site is one of the most coveted in China's biggest city, close to the famed colonial Bund and a planned cruise ship terminal, and potentially lucrative for retail and tourism revenue.
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