China New Year's Eve Disaster : At least 36 killed and 47 injured in Shanghai after fake money thrown from balcony of nightclub

As others where taking stock of their achievement and losses in 2014, some praying and seeking God's intervention for the New Year, Shanghai historic waterfront hosted the death of 36 revelers and injured 47 and more, where party goers had scrambled for fake money (Dollar-like notes) thrown from a building.

The Crowd @ the china stampede 

The disaster, centered on a wide stairway leading up to a riverfront promenade, which happened shortly before midnight on Wednesday as people packed the Bund area to usher in 2015.

The tragedy was a “wake-up call that the world’s second-largest economy is still a developing country which has fragile social management”, the official news agency Xinhua said in an unusually critical commentary.

The Stampede 

Xinhua said that among the dead was a Taiwanese and 25 of those killed were women. It added that the ages of the first 10 identified fatalities ranged from 16 to 36. A Malaysian student at a Chinese university was among the dead, Malaysia’s foreign ministry said.

Another view @ the  Stampede 

President Xi Jinping demanded an immediate investigation into the cause of the disaster.

The Bund, renowned for its colonial architecture, is the former financial district of China’s commercial hub and now a popular tourist destination, packed with high-end restaurants and expensive boutiques.

Shanghai residents have traditionally flocked there to celebrate New Year, and more recently the district government overseeing the area has staged official celebrations.