the mighty chang jiang forms shanghai's northern boundary.ut a smaller river, the huang pu, divides the old city to the st from pudong in the east. on one bank, the bunrepresents shanghai's colonial past. on the other, the chinese are building shanghai's future, symbolized by thorientalpel rad, visible here from space via the powerful ikonos satellite. chinese and foreigners alike now look across the river and see new power and new money. walcott: in pudong itself, you have lu xia hue, which is the financial district, as if you could... re-created manhattan in five years. it's an enormous forest of steel and glass skyscrapers that was erected with a bamboo forest of scaffolding and a huge amot of construction cranes. it's set up to be like a suburban western setting with lots of greenery, compared to shanghai. nxiang:r: shanghai is the largest industrial center for china, and it's also one of china's most economically developed areas. a lot of china's advanced scientific and technological development is centered in pudong. walcott: the americ

so the third wave of cross-strait investment targeted shanghai and the chang jiang river delta.teway to central china, shanghai provided access to china's heartland market, and perhaps just as important, access to the well-educated work force critical to hiechmanufact. hsu: the third wave, basically, the i.c.... i.c. industry, and they look for some talented people, engineers, not just for cheap labor. and basically inhina, the chang jiang delta is one of the most developed areas in china, particularly in industry structure and also if you look at education level. okay, so, this area is. is good for marketing and also recruiting engineers. narrator: but the move to shanghai is not just about selling computers. it's about an opportunity presented by something geographer hsu calls the "interface region." "interface region" means... okay, means we have... silicon valley is a socioeconomic space, and china is another one. okay, and taiwan just overlapped these two regions. narrator: in this triangular space connecting silicon valley, taiwan and china lies the prospect of a mutually

i'm weijia jiang, with how police are trying to change that coming up. >>> the controversies heatingnager killed by a neighborhood watch volunteer. tonight, the growing pressure for an arrest. >>> serial killer standoff. police surround the home of a suspect in the string mine was earned over the south pacific in 1943. vietnam, 1967. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. it's oysternomics 101. you start with a u.s. senator named ben. by helping restore thousands of acres of oyster beds, he kept hundreds of oystermen on the job... which keeps wholesalers in business... and that means more delivery companies... making deliveries to more restaurants... which hire more workers. and that means more oystermen. it's like he's out here with us. he's my friend, ben. i hope he's your friend, too. >>> 67 degrees. here are some of the stories

changes to its basic checking accounts to introduce a monthly fee to customers. other big banks are rolling out similar fees, including jp morgan chase and wells fargo. >>> weijia jiangxplains, it has to do with mustaches. and a maryland congressman is right in the middle of the night. -- fight. >> reporter: maryland congressman rosco bartlett has sported this bushy mustache since 1950. but it got him into a hairy situation. >> oh, i like my stashes, how about you ♪ >> reporter: the american mustache institute, ami, is lobbying for a tax break. it would give those with hair on their lip, $250 a year to cover grooming spenszs expenses. >> expenses. >> how can you respond to that? >> reporter: ami said the congressman initially supported the act but then backed out. >> i think what you have is people who are trying to cover their back side. >> reporter: after bartlett's primary opponents blasted him for it. >> reporter: bartlett's aides say the congressman is definitely pro-stash. but he never, ever, ever supported the stash act. she sent it to the ways and means committee because she thought it was funny. so do others. >> the government does not do enough for those wi