Beijing jumps into top 10 cities with global appeal in survey
Its ability to draw investment behind climb: AT Kearney
[LONDON] Beijing's ability to draw business investment helped vault it into the top 10 of cities with the greatest global appeal.
The Chinese capital landed at eighth of 84 municipalities ranked by Chicago-based consulting firm AT Kearney Inc, a jump from 14th two years ago and 12th in 2008. New York and London topped the list for the fourth straight time.
Beijing's standing rose even as record pollution emerged as a risk that may deter talent and investment. Exploiting its role as capital of the world's second-biggest economy, the city passed Seoul and Singapore. The consultants cited growth in the number of international schools, broadband subscribers and museums in addition to increased international commerce.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
New Articles
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Digital Core Reit Q1 distributable income slips 2.4% to US$10.6 million
BT subscribers can now share 5 premium articles a month with unlimited number of non-subscribers
First Reit reports 3.2% lower Q1 DPU of S$0.006 amid interest rate, forex headwinds
Vietnam holds first gold auction in 11 years to stabilise market
How Hudson Yards went from ghost town to office success story