The ADB parties on in Shanghai

In a job only marginally more challenging than that of a war correspondent, we did the cocktail circuit at the ADB.

This year's Asian Development Bank meeting was, as usual, a swirl of parties, in a city that is rapidly returning to its rightful place as the party capital of Asia Shanghai.

My initial fears that the elevator banks of the Grand Hyatt whose lobby is on the 54th floor would be so crowded as to resemble a Charlton Heston disaster movie, proved unfounded. I was more accurate, however, in my prediction that you would not be able to cross its lobby, or the Shangri-La's, without bumping into someone whose mind was largely not focused on Asian poverty alleviation ie an investment banker.

The cocktail parties kicked off with a Citigroup bash that was...

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