Notes on the Geography of China: Shanghai:The Bund: Photo 12
The pyramidal building is the Sassoon House (now the Fairmont Peace Hotel), built in 1929 and boasting air-conditioned ballrooms. It was the city's tallest building, resting on thousands of wooden piles driven into the muck. The Sassoons, originally from Baghdad, came to China from India, where they had made a fortune in the opium trade. In a sense, the money they invested here was only returning home. On the left is the older Palace Hotel, Shanghai's biggest building when opened in 1906 and now operating as part of the Peace.
Back to China: Shanghai:The Bund chapter
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