I was wandering around Shanghai, looking at all the tourist curios. After my guide had convinced a woman that she was getting ripped off with a embroidered painting, she went and asked him where was the best place to get oriental rugs, and stuff to furnish her house. He answered...
IKEA of course... In Shanghai too... http://www.ikea.com.cn/english/index.html

According to Lonely Planet, Shanghai was the whore of China.
"Shanghai is emerging as the most spiritually polluted city in China. All the old evils (and a few new ones) are creeping back, with a vengence. Everything is here, from the incredibly sleazy to the marginally chic. Shanghai revels in a headonism that most people never dreamed existed in communist China."