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Shanghai,
which lies on the Suzhou and Huangpu rivers,
was originally a village whose origins date
back to the fifth century AD. The first Opium
War fought in 1839-1842 changed the settlemt'sys
fortunes. Under the Nanjing Treaty signed after
the war, China was obliged to open Shanghai
harbour to trade and grant European merchants
privileges in the region. These privileges were
subsequently extended to the Japanese and the
Americans, and the village gradually grew into
a town.
After the war between China and Japan in 1894-1895,
light industry investments began, and some of
the world's best known companies came to Shanghai:
Jardine Matheson, BAT, Hall and Holtz, Laidlaw
and Company, Kelly and Walsh, along with leading
Jewish merchants, White Russian countesses,
officers from Annam, and Philippino orchestras.
Shanghai society danced at the Cercle Sportif
Française, and were entertained and gambled
at night clubs and casinos like the Casanova
and Del Monte. Shanghai had become the Paris
of the Far East.
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