Cities Outlook: Chinese cities lead recovery but Indian cities look stronger to 2035 | Global

We expect GDP to fall in four out of every five of the world’s 900 top cities in 2020, compared with 2019, as a result of the coronavirus pandemic—even after taking account of rebounds in the second half of this year. The recovery will continue into 2021, and produce generally very strong growth rates next year.

What you will learn:

  • The majority of cities that do see growth this year are Chinese, but their rises are very small and subject to huge margins of uncertainty.
  • Indian city GDP growth is forecast to average more than 7% a year over the next decade-and-a-half, while Chinese city GDP growth averages 4%.
  • London, despite how distinctive it has been historically within Europe, is not now as special as it once was.

Topics: Technology, Cities, Coronavirus, Growth & secular trends, Demographics, Productivity

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