Shanghai vs Iquitos

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Shanghai (Chinese: 上海, Shanghainese pronunciation: [zɑ̃̀.hɛ́] (listen), Standard Mandarin pronunciation: [ʂâŋ.xài] (listen)) is one of the four direct-administered municipalities of the People's Republic of China. It is under the direct administration of the State Council of China. The city is located on the southern estuary of the Yangtze, with the Huangpu River flowing through it. With a population of 24.28 million as of 2019, it is the most populous urban area in China and the second most populous city proper in the world. Shanghai is a global center for finance, technology, manufacturing, and transportation, and the Port of Shanghai is the world's busiest container port. Originally a fishing village and market town, Shanghai grew in importance in the 19th century due to trade and its favorable port location. The city was one of five treaty ports forced open to foreign trade after the First Opium War. The Shanghai International Settlement and the French Concession were subsequently established. The city then flourished, becoming a primary commercial and financial hub of the Asia-Pacific region in the 1930s. During the Second Sino-Japanese War, the city was the site of the major Battle of Shanghai. After the war, with the CPC takeover of mainland China in 1949, trade was limited to other socialist countries and the city's global influence declined. In the 1990s, economic reforms introduced by Deng Xiaoping resulted in an intense redevelopment of the city, especially the Pudong New Area, aiding the return of finance and foreign investment.

The city has since re-emerged as a hub for international trade and finance; it is the home of the Shanghai Stock Exchange, one of the largest stock exchanges in the world by market capitalization and the Shanghai Free-Trade Zone, the first free-trade zone in China. Shanghai is classified as an Alpha+(global first tier) city, making it one of the world's Top 10 major cities together with Hong Kong and Beijing in China by the Globalization and World Cities Research Network. Shanghai is a global financial center, ranking first in Asia and third globally (after New York and London) in the Global Financial Centres Index.Shanghai is an international center of research and development and is ranked 5th globally and 2nd in Asia (after Beijing which ranks 1st globally) by scientific research, as tracked by the Nature Index. The city is home to highly ranked institutions in Asia and the world such as Fudan University, Shanghai Jiao Tong University, Tongji University, and East China Normal University. Shanghai has been described as the "showpiece" of the booming economy of China. Featuring several architecture styles such as Art Deco and shikumen, the city is renowned for its Lujiazui skyline, museums and historic buildings—including the City God Temple, Yu Garden, the China Pavilion and buildings along the Bund. Shanghai is also known for its sugary cuisine, distinctive dialect and vibrant international flair. Every year, the city hosts numerous national and international events, including Shanghai Fashion Week, the Chinese Grand Prix and ChinaJoy.

Source: Wikipedia

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Iquitos ( (listen); Spanish pronunciation: [iˈkitos]), also known as City of Iquitos, is the capital city of Peru's Maynas Province and Loreto Region. The largest metropolis in the Peruvian Amazon, east of the Andes, it is the ninth-most populous city of Peru. It is known as the "capital of the Peruvian Amazon". The city is located in the Great Plains of the Amazon Basin, fed by the Amazon, Nanay, and Itaya rivers. Overall, it constitutes the Iquitos metropolitan area, a conurbation of 471,993 inhabitants consisting of four districts: Iquitos, Punchana, Belén, and San Juan Bautista. It is the largest city in the world that cannot be reached by road – it is accessible only by river and air.The area was long inhabited by indigenous peoples. The founding date of the European city is uncertain. Spanish historical documents state that it was set up around 1757 as a Spanish Jesuit reduction by the banks of the Nanay River. The Jesuits gathered local Napeano (Yameo) and Iquito natives to live here, and they named it San Pablo de Napeanos. In the late 19th century, the city became the center of export of rubber production from the Amazon Basin and was the headquarters of the Peruvian Amazon Company (PAC). The rubber boom attracted thousands of European and North African traders and workers, some of whom amassed wealth with the high-volume production, processing and trade in rubber. The city's economy was highly dependent on the PAC, controlled in the nation by Peruvian businessman Julio César Arana. The operations of PAC's forces deeper in the Basin, who kept indigenous workers in near slavery conditions through use of force and harsh treatment, was investigated by Roger Casement, the British consul-general in Peru.

He had investigated labor conditions for natives in the Congo Free State when it was under King Leopold's control, reporting on the abuse of thousands of workers. His 1913 exposure of abuses of Peruvian workers caused a reaction against the company among the several British members of its board and many stockholders. The company struggled financially and lost backing in the UK. In addition, rubber seedlings had been smuggled out of the country and cultivated on plantations in Southeast Asia. As the plants matured, the competition undercut prices of the Peruvian product. With the decline of the rubber industry, many workers and merchants left Iquitos. As one of the leading cities, along with Manaus, in the huge Amazon rubber boom (1880–1914), Iquitos was influenced by the numerous Europeans who flocked to it. Architecture and cultural institutions established during this period expressed their own traditions. An opera house and Jewish cemetery were among the institutions established. Later in the 20th century, the city and region diversified its economy. The region exported timber, fish and their products, oil, minerals, and agricultural crops. It also derives considerable revenue from tourism and related crafts, as well as bakery, and carbonated drinks and beer. By 1999, the city had consolidated its four municipalities.

Source: Wikipedia