costs of living - Chinese cities slightly more affordable

China's largest cities have dropped marginally in terms of costs of living, compared to other world cities, the new ranking by HR-firm Mercer shows.
Tokyo, London and Moscow take the top three positions, with London as the fastest climber. Hong Kong was pushed from the fourth to the fifth position, while Beijing dropped from five to eleven. Shanghai dropped to the 16th position, down from eleven.
Main climbers are the cities in the Eurozone, who suffered from a strong Euro, while only New York kept a place in the top 20 most expensive cities.