The writer is an FT contributing editor and writes the Chartbook newsletter
We used to know what the future of a globalised world looked like: cosmopolitan cities like New York, Paris, London, Hong Kong. These places had national character but blended together people, ideas and money from all over the world.
Many were once capitals of far-flung empires. Some, like London and New York City, had been hit hard by economic restructuring in the 1970s. They were re-energised and transformed by global growth.
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