Not that the houses of all colors hung from the hills, but is a Chinese city that mixes old European style architecture where you feel like walking the around the National Congress where even traditional trolley buses pass as in Valparaiso.
All this happens in the former financial center Shanghai known worldwide as The Bund . This area is most important mile of this city, as important as the Lost City or the Great Wall of China. China was the Wall Street financial year 30 but now many of these buildings are converted into restaurants and bars that are a delight for tourists.
With modern buildings in the Pudong New Area showing China's economic awakening and where the majority of ex-patriots ( people other countries that are moved to live in China or Asia that are in this place the comforts of a western city) or areas where time never seems to have advanced, it offers the mix of new and old that gives an interesting look this great city today receives thousands (and millions) of visitors in Shanghai Expo.
Another place that you can not miss is the Shanghai Museum where you can see much of the ancient history of China in the 5 floors that make up this museum that is absolutely free . If you come in liquid, v as to have to take a bit against the guards to show that there is a toxic element . It is best to go with the bare minimum and that safety is at the airport and super strict. 
The Old Town of Shanghai is a good place to go eat and buy gifts for the family. It's like a large craft fair where you can get everything. Almost a Persian Santiago but much more freakish characters that we see daily in Santiago.
My recommendation to stay is a backpacker hostel called Biktime Hostel in 150 Xianggang Road, Shanghai. Very cheap, just blocks from The Bund, and another 3 blocks from Huangpu River and about amazing places to eat. If you have good vibes with people in the reception and the manager, it will save many yuan as they know the cheap places to eat near and enjoy good food local. ¡¡Recuerden que en China son muy pocos los que hablan inglés a nivel de conversación!!
También ahí se puede ver el , con cientos de motos y bicicletas en cada esquina, donde nadie maneja con casco y donde hasta se pueden llevar ninos “al apa”.
No dejen de conocer tampoco Mongshan Road , which is a street-art center where you can see a lot of contemporary art and very challenging for the rest.
http://www.youtube.com/watch?v=anqUqH-ooME&feature=player_embedded
Be very careful about people who approaches them to sell art are usually Chinese who speak very good English and they will offer to go to alternative art galleries in fact where "the poorest students exhibit" ... lie! I will sell something wrong in a lot of money and in fact has no value. 
And men who go out alone, care also . There are many women who come to offer private tea ceremony, where you actually charge what they want for a cup of tea (in some places prices start from 50 yuan when tea anywhere Green is free ) and once in place no turning back. The same people that offers clothing and branded products. All these types of scams are known as Scams.
Ah, a tip: one yuan is the 8th Chilean pesos.
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