19 September 2024
Morning Shot: What's driving China's Best Performing Cities?
The city of Hangzhou in eastern China, with its tech focus has recently emerged as the country’s best performing city while Wuhan in central China also made great strides to land second-best.
That was according to the Milken Institute’s Best Performing Cities China Index, which uses the latest official annual data to assess the economic performance of cities in China that are at or above the prefecture level.
But, while some benefit from the nation’s tech push, China’s property struggles and US sanctions have significantly affected some of its cities.
On this episode of Morning Shot, Perry Wong, Managing Director for China at the Milken Institute shares his insights.
Presented by: Emaad Akhtar & Audrey Siek
Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg)
Photo credits: IssueWire

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Listen To His Previous Podcasts:

7 June 2022
Why It Matters: Challenges faced and structural changes in China’s economy
Supply chain and Covid-19 restrictions have posed major challenges to the Chinese economy but over the years, China has adapted their economic structure to allow for international trade and domestic stability. Using strategically located ports, and allowing for economic support from bigger cities to be given to smaller more rural ones, are examples of these measures.

Perry Wong, Managing Director, China, Milken Institute talks to us about China's current economic conditions and its future through data collected from Milken Institute's annual ‘Best-Performing Cities China’ report.

Download the podcast.