BEIJING — China's property struggles and U.S. sanctions have significantly affected some of its cities, even as others benefit from Beijing's tech push, Milken Institute's best performing cities China index showed Tuesday.
Since 2015, the index has studied China's large- and mid-sized cities for their economic vibrancy and growth prospects.
The index looked at a group of 33 large cities and a group of 217 small cities, then ranked them separately.
Historically, Wong pointed out, having control of Zhengzhou, Hefei, and Wuhan have been critical to ensuring control of the country.
Correction: This story has been updated to reflect that there are 33 large cities and 217 smaller cities in the index.
Persons:
Milken Institute's, Perry Wong, Wong
Organizations:
CNBC ., U.S, CNBC, Wuhan
Locations:
HANGZHOU, CHINA, China Vanke, Hangzhou, Zhejiang province, China, BEIJING, Zhejiang, Zhuhai, Guangdong, Hong Kong, Dongguan, The, Shenzhen, Beijing, Zhengzhou, Henan province, Hefei, Wuhan, Anhui, Central China's Hubei