By 1982, Kelley had signed with two of the country's top young galleries, Metro Pictures in New York and Rosamund Felsen in Los Angeles.

WSJ: Mike Kelley: The Escape Artist

This rapid cultural development has made Shanghai an important destination on the international art circuit: The Shanghai Art Fair, Shanghai Biennale, Museum of Contemporary Art and countless new private galleries, though young, are turning it into a contemporary arts hub to rival China's capital, Beijing.

CNN: Shanghai bids to be 'Paris of the East' once more

The blend of ancient with modern fits well with the young, vibrant and culturally diverse crowd that hangs out in the local cafes, shops and galleries.

FORBES: Turkey's Hot Stock Market Is No One-Trick Pony