With over 20 million inhabitants each, Shanghai and Beijing are among the “hypercities” of the Global South, including Delhi, São Paulo, Dhaka, Cairo, and Mexico City, far surpassing the “megacities” of the Global North like London, Paris, or New York1. Walking the streets in China’s cities, you will however, quickly notice one marked difference – the absence of large slums or pervasive homelessness that is so common to most of the rest of the world.