Discussion » Feedback & Suggestions » When Beijing overtakes London

  • Joligne
    Joligne wrote:
    <p><span>September 2011</span></p> <p>View on the Web: <a href="http://e.mckinseyquarterly.com/12ac9440blayfousibof5fsaaaaaaayj3zqospxndpeyaaaaa" rel="nofollow" target="_blank"><span id="lw_1315839964_0">http://www.mckinseyquarterly.com/newsletters/chartfocus/2011_09.htm</span></a></p> <table style="width: 125px;" border="0"> <tbody> <tr> <td><span><strong>Share</strong></span></td> <td><a title="Facebook" href="http://e.mckinseyquarterly.com/1c9dd705flayfousibof5fsiaaaaaayj3zqospxndpeyaaaaa" rel="nofollow" target="_blank"><img src="http://www.mckinseyquarterly.com/mail/share/email_tools_facebook.gif" alt="Facebook" width="16" height="16" align="middle" border="0" /></a></td> <td><a title="LinkedIn" href="http://e.mckinseyquarterly.com/137902ae2layfousibof5fsqaaaaaayj3zqospxndpeyaaaaa" rel="nofollow" target="_blank"><img src="http://www.mckinseyquarterly.com/mail/share/email_tools_linkedin.gif" alt="LinkedIn" width="16" height="16" align="middle" border="0" /></a></td> <td><a title="Delicious" href="http://e.mckinseyquarterly.com/1d4841eb6layfousibof5fsyaaaaaayj3zqospxndpeyaaaaa" rel="nofollow" target="_blank"><img src="http://www.mckinseyquarterly.com/mail/share/email_tools_del.gif" alt="Delicious" width="17" height="16" align="middle" border="0" /></a></td> <td><a title="Twitter" href="http://e.mckinseyquarterly.com/1aa14b6d2layfousibof5ftaaaaaaayj3zqospxndpeyaaaaa" rel="nofollow" target="_blank"><img src="http://www.mckinseyquarterly.com/mail/share/email_tools_twitter.gif" alt="Twitter" width="16" height="16" align="middle" border="0" /></a></td> </tr> </tbody> </table> <p><span style="font-family: Arial, Helvetica, sans-serif;"><strong>When <span id="lw_1315839964_1">Beijing</span> overtakes <span id="lw_1315839964_2">London</span></strong></span></p> <p>&nbsp;</p> <p>Asia&rsquo;s growing economic power manifests itself in many ways. Back in 2007, for example, only 8 of the top 50 urban areas (by GDP) were located there. Half of global GDP came from the developed world&rsquo;s top 380 cities, with 20-plus percent from just 190 North American ones. But over the next 15 years, the urban center of gravity will move south and&mdash;still more decisively&mdash;east. By 2025, <span id="lw_1315839964_3">Asia</span> will boast upward of 20 of the top 50 cities, and <span id="lw_1315839964_4">Shanghai</span> and Beijing will have GDPs higher than those
  • Mengmeng
    Mengmeng wrote:

    When Chinese real estate spread their business all over the world, when Chinese gov buy more silence from other countries, when Chinese people keep working with low payment and with the hope that the gov will not turn them down when we fulfill Chariman Mao's dream: to fight for the liberation of all mankind.

    GDP is a joke.

  • 随便叫兽
    随便叫兽 wrote:

    Mengmeng's right, as usual. GDP is a shitty economic indicator only used by lazy journalists trying to score cheap points.

    They say money makes the world go 'round, but if you're the type of fool who thinks the Earth actually revolves around economic activity, then look outside the major cities, to the factories where people are actually building the shit you use every day. 

    New York, London, these are just cities where a lot of financial transactions are taking place. This type of economic activity is not valuable to humans.

    Beijing and Shanghai taking on the characteristics of these places should be regarded as Mao's nightmare.

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