Indulging in old pastimes of making money

Letter from Shanghai

After touching down at Shanghai's gleaming Pudong International Airport, only eight minutes from the financial district on the world's fastest Maglev train, it has become a western rite of passage to make a beeline for the Bund.

Here, among sleek restaurants that sit alongside symbols of colonial wealth, it is possible to take the pulse of this evolving icon of China's new wealth.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire