SITUATION REPORT

China: Slow Xiong'an Growth Highlights Risks to Megacity Initiatives

May 18, 2021 | 17:17 GMT

Xiong’an is still a ways off from becoming the advanced innovation hub envisioned by the Chinese government, with the city’s slow development and still-poor services infrastructure continuing to deter the relocation of state-owned enterprises (SOEs) from Beijing, according to a May 17 Financial Times report. ...

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