Shanghai is trying hard to sell itself as the luxury capital of Asia, but it's still possible to see Shanghai on the cheap, according the USA Today

Accommodation is a good example of the savings available. How much would you expect to pay to sleep in Shanghai?How low do you want to go? The youth hostels that generally serve backpackers and students can be a good option, costing a minimum of 45 yuan (under $7) per night. Shanghai has eight clean, convenient youth hostels, most of them centrally located. A favorite pick is the Captain Youth Hostel, at 37 Fuzhou Rd. just off the Bund. The hostel's 6th floor bar has views of the river and all rooms have hot-water baths, 24-hour reception service, free Internet access, free movie, free tourism information and luggage storage.The piece lists many other ways to save your money in Shanghai. It's worth reading.


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