Hangzhou, China

Capital City

With a permanent population of 12.5 million, Hangzhou is a bustling, modern hub, but newcomers should brace for heavy bureaucracy and occasional typhoons. The city's economy has tripled since 2001, driven by internet giants like Alibaba, and its GDP per capita now exceeds $21,000. However, residents face a persistent headache from the city's complex administrative divisions and occasional severe storms off the coast. Overall, Hangzhou offers abundant opportunities, but the red tape and natural hazards mean it's best suited for those undaunted by China's bureaucratic challenges.