The Union Trading Company is a four-time consecutive honoree on Asia's 50 Best Bars and a pioneering force in Shanghai's craft cocktail scene since its July 2014 opening in the French Concession. Founded by Yao Lu and co-operated with chef Austin Hu, the two-story American-style bar emphasizes authenticity, quality service, and modern craft cocktails. Signature creations include the Shanghai Breakfast (champagne, huangjiu, black sesame, honey, and banana) and barrel-aged concoctions. The bar ranked No. 47 on The World's 50 Best Bars in 2021 and maintains a regularly changing menu reflecting seasonal creativity and serious attention to flavor and presentation.