• Zhengzhou is no longer home to one of China's notorious "ghost cities". Zhengdong New Area is bustling and property prices have soared.
  • The local government filled Zhengdong by edict, intervening as it has throughout the city, where infrastructure and housing have driven growth.
  • Despite winning investment from manufacturers such as Foxconn, there is not enough organic growth in Zhengzhou. Credit is tightening and locals believe the housing market will need to be revived as a prop to the economy.

Zhengzhou, the 10m-strong capital of Henan province, is one of China's best connected cities. It sits at the heart of the country's new high-speed railway network (see map), cargo trains run from here to Germany, and its air freight hub is a central cog in the global iPhone production chain.

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