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Zhou Libo's show at the cavernous Shanghai International Gymnastics Center has been sold out for days, and after I finally get a ticket, I understand why. Sporting a tuxedo and a white bow tie, Zhou, 43, a stand-up comedian, delivers rapid-fire jokes, mostly about life in Shanghai. The theme is "I'm crazy about money," and Zhou riffs on soaring property prices, how much it costs to raise kids, even how much the U.S. owes China. The audience of some 3,700 roars its approval. People are clapping, slapping their thighs, stomping the floor. I manage a smile, but even though I am a Mandarin speaker, I don't really get the humor, and many of my Chinese friends would be almost as lost. While Zhou sets up his jokes in Mandarin, the punch lines are nearly always in the local Shanghai dialect. This much I do get, however: the performance is an unabashed celebration of all things Shanghai and Shanghainese.

For China's most dynamic, most cosmopolitan and sassiest city, this is a time to celebrate. After decades of hibernation following the founding of Mao Zedong's People's Republic in 1949, Shanghai is returning to its roost as a global center of commerce and culture. This year Shanghai, as host of Expo 2010, is squarely in the international spotlight. The fair opens May 1, and organizers expect more than 70 million visitors over six months.

To read the full, original article click on this link: Shanghai's Back on Top of the World - TIME

Author: Austin Ramzy