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10 most influential cities in the world

August 20, 2014 08:30 IST
The moon rises next to the Empire State Building (C) prior to the annual fireworks show during Independence Day ceremonies in New York.

The rise of the east has brought many Asian cities on the global map. For big businesses, Shanghai is more important than Seattle and Mumbai more important than Milan.

Forbes magazine rated cities based on the influence it has on the global businesses. In the top 10, about half the countries are from Asia. Mumbai is ranked 31st along with Johannesburg and Kuala Lumpur. Delhi comes 34th with Bangkok and Geneva.

To rank the cities, the magazine took into account factors such as air connectivity, Foreign Direct Investment, number of corporate headquarters, and presence of financial services companies.

Let’s take a look at top 10 most influential cities in the world.

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10 most influential cities in the world

August 20, 2014 08:30 IST
The University of Toronto campus is seen in Toronto.

Toronto

Country: Canada

Rank: 10 (tie)

FDI Transactions (5-Year Avg.): 60

Forbes Global 2000 HQs: 23

Air Connectivity:  49 per cent

Global Financial Centres Index Rank: 11

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10 most influential cities in the world

August 20, 2014 08:30 IST
Tourists take in the view of the skyline including its Victorian homes known as thePainted Ladies in San Francisco.

San Francisco Bay Area

Country:US

Rank: 10 (tie)

FDI Transactions (5-Year Avg.): 49

Forbes Global 2000 HQs: 17

Air Connectivity:  38 per cent

Global Financial Centres Index Rank: 12

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10 most influential cities in the world

August 20, 2014 08:30 IST
The Harbor Freeway in Los Angeles.

Los Angeles

Country: US

Rank: 10 (tie)

FDI Transactions (5-Year Avg.): 35

Forbes Global 2000 HQs: N/A

Air Connectivity:  46 per cent

Global Financial Centres Index Rank: N/A

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10 most influential cities in the world

August 20, 2014 08:30 IST
People look at the Sydney Opera House as they walk past at sunset.

Sydney

Country:Australia

Rank: 8 (tie)

FDI Transactions (5-Year Avg.): 111

Forbes Global 2000 HQs: 21

Global Financial Centres Index Rank: 43 per cent

GFCI Rank: 15

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10 most influential cities in the world

August 20, 2014 08:30 IST
A woman walks into a subway in the central business district of Beijing.

Beijing

Country:China

Rank: 8 (tie)

FDI Transactions (5-Year Avg.): 142

Forbes Global 2000 HQs: 45

Air Connectivity:  65 per cent

Global Financial Centres Index Rank: 59

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10 most influential cities in the world

August 20, 2014 08:30 IST
An Emirati man walks past a tourist posing for a photo near the Burj Khalifa, the tallest tower in the world, in Dubai.

Dubai

Rank: United Arab Emirates

Rank: 7

FDI Transactions (5-Year Avg.): 245

Forbes Global 2000 HQs: N/A

Air Connectivity:  93 per cent

Global Financial Centres Index Rank: 25

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10 most influential cities in the world

August 20, 2014 08:30 IST
Journalists walk past a building at Mystic Point Grand in Hong Kong Disneyland.

Hong Kong

Country: Special Administrative Region of the People's Republic of China

Rank: 6

FDI Transactions (5-Year Avg.): 234

Forbes Global 2000 HQs: 48

Air Connectivity:  57 per cent

Global Financial Centres Index Rank: 3

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10 most influential cities in the world

August 20, 2014 08:30 IST
Tropical fish from the southern Japanese island of Okinawa swim in a temporary aquarium in Tokyo's Ginza shopping district.

Tokyo

Country:Japan

Rank: 5

FDI Transactions (5-Year Avg.): 83

Forbes Global 2000 HQs: 154

Air Connectivity:  59 per cent

Global Financial Centres Index Rank: 5

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10 most influential cities in the world

August 20, 2014 08:30 IST
Tourists take photos of the Merlion in the hazy skyline of Singapore.

Singapore

Country:Singapore

Rank: 4

FDI Transactions (5-Year Avg.): 359

Forbes Global 2000 HQs: N/A

Air Connectivity:  46 per cent

Global Financial Centres Index Rank: 4

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10 most influential cities in the world

August 20, 2014 08:30 IST
The Eiffel Tower is illuminated during the traditional Bastille Day fireworks display in Paris.

Paris

Rank: 3

Country:France

FDI Transactions (5-Year Avg.): 129

Forbes Global 2000 HQs: 60

Air Connectivity:  81 per cent

Global Financial Centres Index Rank: 29

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10 most influential cities in the world

August 20, 2014 08:30 IST
New York skyline.

New York

Country: US

Rank: 2

FDI Transactions (5-Year Avg.): 143

Forbes Global 2000 HQs: 82

Air Connectivity:  70 per cent

Global Financial Centres Index Rank: 2

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10 most influential cities in the world

August 20, 2014 08:30 IST
The Houses of Parliament and the London Eye are seen in central London.

London

Country:UK

Rank: 1

FDI Transactions (5-Year Avg.): 328

Forbes Global 2000 HQs: 68

Air Connectivity:  89 per cent

Global Financial Centres Index Rank: 1