Source: China – South China Morning PostChina’s first-tier cities are losing their lustre as mass lay-offs and rising costs are increasingly driving people to seek a life in secondary cities such as Chengdu and Hangzhou amid the economic headwinds facing the country.Beijing, Shanghai and Guangzhou used to be the most glamorous cities in China, heavily coveted by young people and college graduates. Yet, the latest data shows that the populations of these cities have either declined or stagnated.In 2021, the number of residents in…Read More