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Eight nations — Germany, France, Italy, Russia, Austria-Hungary, Japan, the United States and the United Kingdom — were granted concessions in Shanghai, areas that they controlled and where Chinese law did not apply.
Most of these were jointly administered as the "International Settlement", but the French ran theirs separately.
Shanghai grew amazingly after that; until then nearby cities like Hangzhou, Suzhou and Nanjing had been far more important, but today Shanghai is definitely the focus of the region.
The Xujiahui shopping district is home to five large shopping malls.