![]() ![]() Read more:: Why Paris is on the up: tourism, transport and Brexit.Paris, the only other European city to feature in the top 30, climbed one place from 16th to 15th. London was once again the top ranked European city, despite falling by one place to third place in the overall index. Read more: Could Melbourne's house price boom derail its global city status?.Sydney was the only Australian city to improve its ranking, climbing from 14th place to take the tenth spot in the index. Melbourne lost its spot in the top ten, falling from 8th to 16th. Perth dropped 15 places from 36th to 51st whilst Brisbane fell from 22nd to 30th. Negative revision to population growth and GDP affected Brisbane and Perth in particular. Australian citiesĪustralian cities struggled to maintain their positions in the index and were among some of the biggest fallers. Shanghai jumped from tenth spot to fifth, Beijing climbed from 11th place to fourth and Shenzhen increased its place in the index from 24th to 20th. Chinese citiesĬhinese cities saw the most improvement, taking four of the top 30 places, including two in the top ten. Twenty cities have been shortlisted by Amazon and of those, eleven feature in the Schroders Global Cities 30 index. US cities have been in the spotlight recently as Amazon looks to find the best city to host "HQ2", its second headquarters in North America. However, Boston and Chicago both fell from third place to sixth and fourth place to seventh, respectively. New York, the most populous city in the US, jumped one place from fifth to fourth. US cities continued to dominate the index taking 17 of the top 30 places, including five of the top ten spots. The Schroders Global Cities 30 index is compiled on a range of factors, including the projected growth of the economy, university rankings, disposable incomes over the next decade and demographic measures. LA narrowly beat Hong Kong which took second place, knocking London into third. Los Angeles has been named as the top global city for the second time in the fourth publication of the Schroders Global Cities 30 index. ![]()
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