Asian Crosstalk ONE STORY told FROM DIFFERENT ANGLES

APRIL 24 2017

Xiongan: China’s new mega city

SCMP

Hong Kong

Compared to Shenzhen and Pudong, Xiongan’s path to glory may be an uphill battle.

Nikkei

Japan

Xiongan offers few merits for foreign companies, partly because of its distance from the sea.

China Daily

China

It will operate as a new growth pole for the country’s economy, and also aim to curb urban sprawl, bridge growth disparities and protect ecology.

Forbes

The US

This area will act as an important complement to Beijing, reducing congestion in the capital city as non-capital functions move southward.

The Economist

UK

One problem that has plagued these urban projects is changes in government leadership. When they lose their sponsors, they often also lose their funding. Xiongan should fare better in this regard. It appears to have strong backing from Xi Jinping, China’s powerful president who is on the cusp of another five-year term.

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