Hong Kong’s high prices increases competitiveness

Global Business

Hong Kong is now Asia’s most expensive city for expats, and the second priciest in the world, reveals a recent survey. Cathy Yang reports how expats in the city feel about it, and what it means for the city’s competitiveness.

More details:

  • Because of the strength of the U.S. currency, which the Hong Kong dollar is linked to, the value of everything, but most of all rent, has gone up.