Expat living expenses cheaper in Hong Kong than cities in Mainland China

Global Business

Hong Kong has dropped out of the top three cities in the latest global competitiveness survey for the first time in a decade. And for the first time in five years, it is cheaper for foreign firms to send expat staff to Hong Kong than cities in Mainland China. CCTV’s Cathy Yang reports.

For expats, Hong Kong offers cheaper living expenses

Hong Kong has dropped out of the top three cities in the latest global competitiveness survey for the first time in a decade. And for the first time in five years, it is cheaper for foreign firms to send expat staff to Hong Kong than cities in Mainland China. CCTV's Cathy Yang reports.