There have been many queries on where to get some good fake stuff in Shanghai now that Xiangyang Market is shut.
There have been several contenders but it appears there are 2 major players, 1 in Puxi 1 in Pudong, these are:
Puxi - 580 Nanjing Xi Lu, close to Chengdu Lu. This is on the north side of Nanjing Lu up a wide set of steps, with two sets of double glass doors and it says something like "Fashion Mall" on the outside.
Pudong - Yatai Market which believe it or not, is in a Metro station. It is located at the Shanghai Science and Technology station on line 2. When you get out of the Metro just look around and you will see different entry points. It is a pretty big underground market and has many areas such as Area A, Area B etc.
They have the usual stuff including fakes of LV, Prada, Rolex, Gucci, Nike, Puma, Reebok etc etc.
Go explore - happy shopping!
I thought it would be a good idea to share what camera gear I use. I shoot (sometimes) with a Canon EOS350D with standard EF-S 18-55 mm f/3.5-5.6 II lens and EF 28-135mm f/3.5-5.6 IS USM zoom lens. 
Thanks for posting this... My girlfriend and I just got back from our first Shanghai visit -- she was sad to hear that Shanghai's famous market for fakes had closed, but the "Fashion Mall" location more than made up for it.
Who knew that Sideways 2 had been released in theatres, let alone on DVD?
;-)
Posted by: AC | 30 August 2006 at 02:58 AM
Glad to hear this was usefully for you both. Hope the trip was good!
I didn't even know there was a Sideways 1! :0)
Posted by: Brad | 30 August 2006 at 08:24 AM
Hi we are visiting shanghai in dec.Is it really cold/rainy? We be staying at charms hotel.Is it really within walking distance to the bund?what can we do on the 1st evening?I am thinking of visiting QI PU JIE.Does anybody know how much does it cost by taxi from nanjing lu-qi pu jie? or the new xiang yang market? i also heard theres a shopping mall with a children amusement park in it.does any 1 know abt it ?Thanks.
Posted by: lilac | 02 October 2006 at 05:47 PM
Information for those concerned: the 64 GB USB keys sold on that market are all fake!
Posted by: Peter | 28 October 2007 at 05:35 PM
Does anyone know of an equivalent market (replica/fakes) in Beijing?
Posted by: Ryan | 02 October 2008 at 02:14 AM
In beijing, see the cotton market, Pearl market has main market plus one behind and toy market behind as well, Sunny market, and lastly silk market ( i 'd skip this one vender are pushy!) but pearl would be cheapest! fight for those buys!
Posted by: Steve | 01 August 2009 at 04:07 AM