dear all, i will just like to share my experience when i was in shanghai in june. i found a really great deal in this hotel called ru lai hotel near shanghai train station.the twin-sharing room is only 128 rmb per nite, it is clean and equipped with all the basic amenities. i would definitely recommend a stay there if you are on a shoestring budget.
i will be going to shanghai again near end of november. do contact me if u happen to be going there alone too.