China’s economy is still growing. But its ascent is nothing like the period of double-digit growth during the first decade of this century. In the early aughts when the economy was soaring, Shanghai was the place that probably best embodied its rocket-like climb and outsized ambitions. Fritz Hoffmann, an independent photojournalist, was based in Shanghai from 1995 to 2008. He was the first foreign photojournalist to be accredited to live outside of Beijing since 1949.