Shanghai's Velvet Rope Economy: Inside the City's Most Exclusive Entertainment Clubs

Shanghai's Velvet Rope Economy: Inside the City's Most Exclusive Entertainment ClubsThe discreet bronze door at 18 The Bund gives no indication of the opulence within. Only after facial recognition verification does the portal slide open to reveal

The Velvet Revolution: Inside Shanghai's Next-Generation Entertainment Palaces

[The New Golden Age]Shanghai's entertainment industry has transformed into a ¥58 billion (US$8 billion) sector, with premium venues accounting for 42% of total revenue. The city now boasts 37 clubs with annual revenues exceeding ¥100 million, mor