It was lucky for Qu, who had no tech experience--in Shanghai he ran a real estate outfit--and had been turned down by U.S. venture capitalists.

FORBES: Financial Follies

At present, the Chinese retailer is planning Samsung Experience Shops in nearly 30 outlets in Shanghai, Beijing, Nanjing, Guangzhou, Shenzhen, and Chongqing.

FORBES: Is Samsung About To Nail Apple In Retail?

Fears of a property bubble that, if it burst, could create urban China's first widespread experience of negative equity prompted the authorities in Shanghai last week to announce a 5.5% capital-gains tax on the sale of property held for less than a year.

ECONOMIST: Reforms to keep things the same

The Shanghai experience was amazing, and few in the world know about it.

CNN: The Ghosts of Shanghai