Shenzhen Surpasses US$338B GDP Mark in 2017, Beats Hong Kong and Singapore

scmp.com

26 points·hktruth··6 comments

A surprising effect of currency exchange rates in comparisons like this is that Shenzhen, despite its huge population, massive infrastructure, and gigantic product output has a GDP about the same as the Miami-Fort-Lauderdable-West-Palm-Beach metro area:

https://en.wikipedia.org/wiki/List_of_U.S._metropolitan_area...

> The city, which is roughly the same economic size as Singapore and Hong Kong

What does that mean? The population of Shenzhen is 12.5m, Hong Kong 7.4m, and Singapore 5.6m. Geographic areas are also in similar proportion.

Beats seems like a pretty stupid thing to say even for a headline. Exceeds per capita in some way would be much more impressive. Additionally, what part of this growth is directly from China state subsidies? And besides this, how is the difference in terrain not discussed? Both of the others are surrounded mostly by water so growth is notably harder in those competing cases.

Shenzhen not only has twice the population but millions more commute to Shenzhen from throughout Guangdong.

I remember it when it was a series of fishing villages.

This will change somewhat... Shenzen exports a lot to the US, but that's going to get more expensive soon.

"15 Jan, 2018"

This is only relevant now as the communist party wants to crack down on the Kong Hong people as it can afford to lose the city

Reply on news.ycombinator.com