What is "nylonkong"

Nylonkong, a portmanteau or contraction of New York-London-HongKong, is a neologism coined to link New York City, London, and Hong Kong that first appeared in the magazine TIME in 2008. The article suggests that the cities share similarities, especially in being globalised financial and cultural centres, and are the most remarkable cities in the 21st century. The article elicited a strong positive response in Hong Kong. __NOTOC__