By EconMatters

China SignPost did an interesting analysis on the top eight cities of China based on economic output. The study finds China’s eight largest cities still trail the eight largest U.S. cities substantially in terms of economic output. For instance, Shanghai, the largest Chinese city with the highest economic production, and a fast-growing global financial hub, is far from matching or surpassing New York, the largest city in the U.S. and the economic and financial super center of the world. In fact, Shanghai was trailing the 8th-largest U.S. city–San Francisco–by nearly…

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