Obama Saves The Market Ammunition Not Many &Nbsp; The New Stimulation Plan Suffers Many Resistance.
According to Hongkong's Wen Wei Po, Swiss bank published the most research report on "2011 price and income", and got the price, wage and domestic purchasing power index of cities in 73 cities all over the world.
Norway's capital Oslo becomes global
Most expensive
Hongkong ranked thirty-seventh in the world and fifth in the Asia Pacific region.
The sharp rise in the Swiss franc and Australian dollar has led to a sharp rise in the number of countries using these currencies; the depreciation of the US dollar has made us cities relatively cheap.
UBS publishes a "price and revenue" research report every 3 years. This updated the 2009 survey and the current monetary situation, and then obtained the report.
The report takes New York as the benchmark, and the most expensive cities in the world are Oslo, Zurich and Geneva.
The global currency has appreciated 9% against the US dollar, Australian dollar and Swiss franc.
rise
Even bigger, the cities of Sydney and Switzerland have soared.
New York ranked the top 10 in the past and fell to fourteenth.
The most expensive city in the Asia Pacific region is Tokyo, Japan, ranking higher than Sydney, Singapore and Seoul.
In terms of wages, the highest wage cities in the world are Zurich, Geneva and Copenhagen.
The rise in Swiss francs and strong growth in gross domestic product (GDP) made two of Switzerland's top cities in Copenhagen topped the list in 2009.
Hongkong, China, has a forty-third wage level, and the average wage is lower than that in Seoul and Taipei.
Emerging economies China and Qatar recorded the highest GDP growth in the past two years, so Shanghai, Beijing and Doha ranked the top.
The cities with the strongest domestic purchasing power in the world are Zurich, Sydney and Luxemburg in turn.
Hongkong ranked fortieth, lower than Tokyo and Taipei, but higher than Seoul and Singapore.
Data show that despite the high growth recorded in emerging markets such as China, the purchasing power of its cities is still low.
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