Cities are struggling under the strain of their own popularity

Nov 27, 2017

A man looks at the Pudong financial district of Shanghai November 20, 2013. With a shift in tone and language, China's central bank governor has dangled the prospect of speeding up currency reform and giving markets more room to set the yuan's exchange rate as he underlines broader plans for sweeping economic change. The central bank under Zhou Xiaochuan has consistently flagged its intention to liberalise financial markets and allow the yuan to trade more freely, even before the Communist Party's top brass unveiled late last week the boldest set of economic and social reforms in nearly three decades. REUTERS/Carlos Barria (CHINA - Tags: BUSINESS CITYSCAPE TPX IMAGES OF THE DAY)

Cities should manage their assets better in order to cover the constant influx of people in urban areas. Image: REUTERS/Carlos Barria

Dag Detter

Former director at Sweden’s Ministry of Industry, Sweden’s Ministry of Industry

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