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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/china-usurps-us-in-skyscrapers.jpg"><img class="alignnone size-full" title="The 121-story Shanghai Tower will be China's next record-setting building (AP)" src="http://londonglossy.com/wp-content/uploads/2010/12/min-china-usurps-us-in-skyscrapers.jpg" alt="The 121-story Shanghai Tower will be China's next record-setting building (AP)"/></a></p>
<p>The 121-story Shanghai Tower is more than China&#8217;s next record-setting building &#8211; it is an economic lifeline for the elite club of skyscraper builders.</p>
<p>Financial gloom has derailed plans for new towers in Chicago, Moscow, Dubai and other cities.</p>
<p>But in China, work on the 632-metre 2,074-foot Shanghai Tower, due to be completed in 2014, and dozens of other tall buildings is rushing ahead, powered by a buoyant economy and providing a steady stream of work to architects and engineers.</p>
<p>The US high-rise market is &#8220;pretty much dead&#8221;, said Dan Winey, a managing director for Gensler, the Shanghai Tower&#8217;s San Francisco-based architects.</p>
<p>&#8220;For us, China in the next 10 to 15 years is going to be a huge market.&#8221;</p>
<p>China has six of the world&#8217;s 15 tallest buildings &#8211; compared with three for the United States, the skyscraper&#8217;s birthplace &#8211; and is constructing more at a furious pace, defying worries about a possible real estate boom and bust.</p>
<p>India, Brazil, Saudi Arabia and Indonesia all have ultra-tall towers under construction or on the drawing board.</p>
<p>In the Gulf, Doha in Qatar and Dubai, site of the current record holder, the 163-story Burj Khalifa, each has three buildings among the 20 tallest under construction, though work on all but one of those has been suspended.</p>
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