When Beijing Betters London And Shanghai LA

A McKinsey Global Institute ranking of the world's top 50 cities by GDP in 2005

By 2025, Shanghai and Beijing will have higher GDPs than Los Angeles and London, a further sign of the world’s eastwards economic shift. The prediction comes from the McKinsey Global Institute, the economic research arm of McKinsey & Co., the international consultancy firm, which has been working on mapping the changing economic power of the world’s metropolitan areas, and is recirculating some work on this it first released in March. Shanghai is already among the world’s top 50 cities ranked by GDP, but as well a Beijing, Chengdu, Chongqing, Foshan, Guangzhou, Hangzhou, Nanjing, Shenyang, Shenzhen, Tianjin, Wuhan and Xian will all join it by 2025, McKinsey predicts. European cities will be most numerous among the dropouts, but another will be Taipei.

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1 Comment

Filed under Economy

One response to “When Beijing Betters London And Shanghai LA

  1. Ralph Treuhauft

    Yeah, but the pollution will still be shitty, the girls all hookers and the men all thieves (to actually quote an old Chongqing saying). GDP is passe man, gimme something more to get me excited. No-ones gonna give up London or LA for Beijing or Shanghai unless they’re a retard.

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