If you are in the same situation as me and my girlfriend this is abseloutely reccomended.
This hostel is palced 2 minuttes away from the Bund - and all the main shopping areas in downtown Shanghai - and the price is very good. However, it is not very clean and not in the best condition.
We only used the room to sleep in, so it didnt matter,l and some young people in the reception understands a little bit of English to, which is highly appreciated in China.
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