Shanghai is rapidly losing its previously significant Korean population as Korean businesses withdraw from China due to the Korean economic crisis and the falling value of the won. The Korean consulate estimates that more than 10,000 Koreans have left Shanghai since the beginning of 2008, according to Danwei's translation of an article that appeared in CBNweekly. In Beijing, the numbers are closer to 20,000. more ›

Thinking of buying that swank new apartment in the French Concession? Now's probably not the time. more ›