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Friday, 30 April 2010 - Shanghai shuts down financial district ahead of Expo |
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    Read more with google mobile : Shanghai shuts down financial district ahead of Expo |

    Edition: U.S. Article Comments (0) Slideshow Save Email Print Reprints Most Popular Most Shared UPDATE 1-U.S. Gulf state shrimpers sue BP over oil spill 29 Apr 2010 WRAPUP 3-U.S. Coast Guard sets oil slick ablaze 28 Apr 2010 Police barred from penis enlargement 23 Apr 2010 Stocks rise, euro wavers; await Greek rescue news | Video 3:00am EDT U.S. starts criminal probe into Goldman: source 29 Apr 2010 Judge from Montana interviewed for Supreme Court 29 Apr 2010 Thai hospital near protest evacuates patients | Video 29 Apr 2010 White House defends offshore drilling plan 29 Apr 2010 Fearful British parents keep kids closer than ever 29 Apr 2010 Apple's Jobs slams Adobe's Flash technology 29 Apr 2010 Armani opens first hotel in Dubai, plans Milan next 27 Apr 2010 UPDATE 1-US Senate Democrats propose immigration reform 29 Apr 2010 UPDATE 1-U.S. Gulf state shrimpers sue BP over oil spill 29 Apr 2010 Cape Wind, first U.S. offshore wind farm, approved 28 Apr 2010 Analysis Iran hardliners in control, but still nervous Iran's hardline rulers are keeping a tight grip on internal opposition and milking the nuclear standoff with the West to rally nationalist support, but hardly exude confidence that they enjoy wide popular backing.  Full Article  Video: Iran tests missiles Shanghai shuts down financial district ahead of Expo Farah Master and Ben Blanchard SHANGHAI Fri Apr 30, 2010 1:01am EDT Related News Shanghai sets stage for World Expo spectacular Tue, Apr 27 2010 RPT-Q+A-Why is Shanghai holding the World Expo? Tue, Apr 27 2010 Q+A: Why is Shanghai holding the World Expo? Tue, Apr 27 2010 Factbox: Five facts about the Shanghai World Expo Tue, Apr 27 2010 PREVIEW-France's Sarkozy to discuss Iran, currencies in China Mon, Apr 26 2010 < 1 / 4 > View Full Size SHANGHAI (Reuters) - Shanghai all but closed down the main Pudong financial hub on Friday for a show that will kick-off its multi-billion dollar Expo, lining the roads with police and taking no chances with security. World China's business capital, playing host to world leaders including French President Nicolas Sarkozy and European Commission President Jose Manuel Barroso, is swabbing travelers for explosives at its airports, x-raying bags on the subway and even warning people not to hang their laundry outside. Expo aims to showcase the latest technology and inventions from some 190 countries ranging from the United States and Germany to North Korea and financially troubled Iceland and Greece, often in innovative or bizarre national "pavilions." The city has declared a public holiday which will extend into Tuesday, though the stock, bond, money and commodities markets will only close on Monday for the national May Day holiday. Shanghai has taken great pride in hosting the Expo, nearly two years after the capital Beijing hosted the Summer Olympics, winning huge praise for the opening and closing ceremonies in another high-level security operation. The city has spent a reported $58 billion on the Expo and related infrastructure to accommodate the 70 million mainly Chinese who will visit during the six-month spectacular. "Shanghai's hosting of the World Expo is the pride of all Chinese people," state media quoted President Hu Jintao as telling an Expo delegation from Taiwan. "With our joint efforts, the Shanghai World Expo will be a successful, splendid and memorable event." The city is leaving nothing to chance. Organizers for the opening gala, to be attended also by North Korea's number two, Kim Yong-nam, say the evening will feature the largest outdoor multimedia display ever, complete with non-stop fireworks over the city's murky Huangpu River. "This is the first time a World Expo is hosting an opening ceremony of this scale," said David Atkins, CEO of David Atkins Enterprises, artistic director for the event. The Expo's theme is "Better city, Better life," a slogan plastered all over rapidly expanding and crowded Shanghai. RELOCATION The main site has been designed to be environmentally friendly with the creation of the country's largest solar plant and the use of zero-emission vehicles. However, most of the pavilions will be demolished after Oct 31 when the Expo ends. The government also had to relocate thousands of people for the Expo, some forcefully, according to rights groups. Activists have been threatened by the police to keep quiet during the festivities. "The Shanghai Expo authorities should be mindful that many remember the 2008 Beijing Olympics as much for the arrests and detention of peaceful protesters and journalists as for the achievements of the athletes," said Sophie Richardson, Asia advocacy director at Human Rights Watch. Shanghai is counting on spectacle, business and tourism keeping politics out of most visitors' minds. The city has tried to revive the glamour associated with it in the 1920s, when Shanghai was dubbed the "Pearl of the Orient" for the lavishness of its glitterati and art deco buildings. Swathes of streets have been redeveloped, including the historic Bund waterfront promenade, where the government splashed out on a $700 million revamp. "They have certain expectations of the international audience," said Bo Zhiyue, a Chinese politics expert at the National University of Singapore's East Asian Institute. "They are trying to boost their international image by trying to doing what they think will meet the expectations of foreigners." (Editing by Nick Macfie) World     Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   More from Reuters U.S. starts criminal probe into Goldman: source WASHINGTON/NEW YORK (Reuters) - Federal prosecutors in New York have begun investigating Goldman Sachs Group Inc, raising the possibility of criminal charges against the company or its employees, a source familiar with the situation said on Thursday. U.S. government intensifies effort to contain oil spill | Video Economy likely grew 3.4 percent in first quarter | Video United, Continental to announce merger Monday: report RIM breaks into top 5 in surging phone market Did Goldman gain AIG insight from Timberwolf? » More Top News Greek austerity plan at the ready Greece readied severe measures to secure billions in aid and avoid debt default, providing relief to financial markets but drawing threats from unions.  Full Article | Slideshow  Scenarios: Can Greece cut its deficit? Greece bailout will prevent EU spillover Spain says will not have to ask for help Portugal opposition backs austerity Felix Salmon: Why the ECB is to blame Greece Gauging the oil spill fallout A deadly oil rig explosion and subsequent spill could not have come at a worse time for the oil industry. How will it impact offshore drilling and climate legislation?  Full Article  Infographic: Map of the oil rig leak Fears of fishery, tourism damage Breakingviews: Not just BP's problem Video: Oil spill may last 90 days Green Business © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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