A global financial, cultural, political, cultural, and entertainment capital, New York City is defined uniquely as the most powerful cultural, political, economic, intellectual, and media center of the world, exerting a significant influence upon worldwide trade, travel, research, technology, journalism, arts, fashion, education, and politics. It is home to some of the biggest brands in the world like Apple Computers, Lehman Brothers, Time Warner, DMC, Chrysler, Boeing, Microsoft, Reebok, Walt Disney, J.P. Morgan, Citibank, Mutual Funds, New York Stock Exchange, State Street Bank, Brown & Johnson, State Street Bank, among many others. The city is also a major global financial center with over 1 trillion dollars traded every day. With all these qualities, it is not surprising that New York is considered to be one of the most important international business centers. Many international corporations have their headquarters in New York City, which further adds to its popularity and status as a cultural hotspot. New York City also offers a wide array of educational institutions for students from around the world.
Besides being the world’s fashion capital, New York City is home to other significant tourist attractions. In addition to the traditional sites like Broadway, Wall Street, the Statue of Liberty, the Empire State Building, Rockefeller Center, the New York Public Library, the Metropolitan Museum of Art, the American Museum of Natural History, the Japanese American National Museum, the U.S. Air Force Museum, the Natural History Museum, the Smithsonian American Art Museum, the New York Botanical Garden, the Central Park Zoo, Times Square, Rockefeller Plaza, Chinatown, the Fashion District, the Bronx Zoo, and the many other museums and monuments across New York City, there are also other tourist attractions like zoos, aquariums, parks, gardens and monuments. New York City’s tourist attractions are indeed diverse and they offer something for everybody. For those who love the history and cultures of other cultures, there are museums, historical sites and monuments that can be visited by day, or even by night!
The business opportunities that can be achieved in New York City make it one of the biggest fashion capitals of the world. Shanghai, on the other hand, is primarily known as a manufacturing, shipping and textile hub. While it is true that the city has a thriving textile industry, the overwhelming majority of Shanghai’s revenue is generated by tourism. And with over 20 million visitors expected to come to Shanghai this year, it is easy to see why Shanghai would rank as the second most fashionable destination in the fashion world after New York City. So, now you know a lot more about the fashion capital of the world.