Shanghai and New York--similar, but different 　　It"s not without ample reason that manyrefer to New York City (NYC) as thefinancial capital of the world. Recentaffront by the city of London, aside,there are a few distant challengersemerging in East Asia. In particular,Shanghai has become a base for manyinternational corporations, and stock listingsfor leading Chinese firms. The city has beencalled the New York of China. if not of theEast. In my work at a leading telecommuni-cations software development firm. I havemade the trans-Pacific commute numeroustimes and acquired a strong sense of thebusiness environment in the two cities. Inboth cities. I found the entrepreneurial spir-it to be alive and strong.

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