Will 2018 be the year Shenzhen and Guangzhou finally overtake Hong Kong?

The southern Chinese cities of Guangzhou and Shenzhen could be the biggest economies in the “Greater Bay Area” by the end of the year, overtaking Hong Kong and forcing it into third place.
The provincial capital’s economy was expected to grow to 2.31 trillion yuan (US$354 billion) this year, Guangzhou mayor Wen Guohui said in his annual work report at the start of the city’s people’s congress on Thursday.

Wen said Guangzhou’s GDP grew about 7 per cent to 2….
Source: SCMP – China



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