In the 1920s Pat Jackson destroys a Chinese post and is discharged from the Navy. Li Po Chang hires him to run a gunboat up the river. He drops Wildeth off at a mission for safety, but when his boat returns the mission is being attacked by communists.

Directed by: John G. Blystone
Written by: Austin Parker & Gordon Wellesley
Runtime: 68 minutes
Tagline: "WHO CARES FOR THE FUTURE...THERE IS NONE IN SHANGHAI"
Cast:
Spencer Tracy Spencer Tracy
Pat Jackson 
Fay Wray Fay Wray
Wildeth Christie 
Ralph Morgan Ralph Morgan
Li Po Chang 
Eugene Pallette Eugene Pallette
Lobo Lonergan 
Herbert Mundin Herbert Mundin
Larsen 
Reginald Mason Reginald Mason
William Christie