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NYLONKONG, a portmanteau or contraction of New York-London-Hong Kong, is a neologism coined to link New York City
New York City
, London
London
, and Hong Kong as the eperopolis of the Americas
Americas
, Euro-Africa, and Asia-Pacific that first appeared in the magazine Time in 2008. The article suggests that the cities share similarities, especially in being globalised financial and cultural centres, and are the most remarkable cities in the 21st century. The article elicited a strong positive response in Hong Kong
Hong Kong
but remains little known in the other two cities.

CONTENTS

* 1 History * 2 Influence * 3 See also * 4 References

HISTORY

Nylonkong, from NY ( New York City
New York City
), Lon ( London
London
), and Kong (Hong Kong ) first appeared in Time article A Tale of Three Cities in 2008.

According to Time, these cities share similarities in cultural and economic establishments. They are influential in cultural industries, including art auctions , movies , and pop songs . In addition, the cities are top international financial centres located in different time zones . Time further described the cites as the three most remarkable international cities in the 21st century, and one could better understand the world through understanding Nylonkong. Financial Development Index ranks Hong Kong, USA, and UK as the first to third places of the table, accordingly.

INFLUENCE

An extended range of responses was observed in media and academia after the term was coined, such as in the Mingpao Daily . The term was first quoted in academia by Yin Pak Andrew Lau in the Liberal Studies Youth Summit on Basic Law, and Sing Tao Daily suggested that the term is a profound sign of globalization. The influence is substantial and long-lasting, and has imposed a constant check on the achievement of the three financial hubs. In 2016, Lam Hang-chi , an economist, for example, suggested that Nylonkong
Nylonkong
would fade out if the financial hubs were not constantly competitive. In late 2016, Tai Kung Pao suggested that Hong Kong
Hong Kong
should not compare itself with New York and London, as the Asian financial center is politically and socially autonomous when compared to the other two, which were only cities; the passage further argues that the autonomous entity of Hong Kong requires more diversified economic development like other Four Asian Tigers economies.

SEE ALSO

* Multipolar world * Global capitalism * NYLON

REFERENCES

Look up NYLONKONG in Wiktionary, the free dictionary.

* ^ " London
London
tops 2015 global financial centre rankings and knocks New York into second place". Cityam.com. Retrieved 12 November 2015 * ^ "Index of Economic Freedom". Heritage Foundation. * ^ A Tale Of Three Cities,TIME, 17-1-2008 * ^ 《時代》創 「紐倫港」 香港紐約倫敦齊名(The Times invented Nylonkong
Nylonkong
as Hong Kong, New York, and London
London
share the fame),MINGPAO DAILY, 30-1-2008 * ^ Liberal Studies Youth Summit on Basic Law,HONG KONG ANNUAL QUIZ, 15-3-2008 * ^ Approaching Nylonkong; Showing Globalization 登陸紐倫港 活現全球化, Education, SING TAO DAILY, 9-3-2008 * ^ Hong Kong
Hong Kong
Economic Journal,12-4-2016 * ^ "Fāzhǎn cānzhào lúndūn niǔyuē? Běngǎng yīng zǒu zìjǐ de lù!" 發展參照倫敦紐約?本港應走自己的路! (in Chinese). 3 October 2016.

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Nylonkong
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