Hong Kong: the great mall of China | FT World
- 5 years ago
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The influx of Chinese tourists has turned Hong Kong into the great mall of China. But demand for luxury watches, jewelry and handbags has sent retail rent prices soaring. For small businesses on the edge of the prime shopping areas, staying in business is becoming ever more difficult. Josh Noble reports
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The influx of Chinese tourists has turned Hong Kong into the great mall of China. But demand for luxury watches, jewelry and handbags has sent retail rent prices soaring. For small businesses on the edge of the prime shopping areas, staying in business is becoming ever more difficult. Josh Noble reports
► FT World News: http://bit.ly/1Exp0iJ
► FT Business: http://bit.ly/1KUK08s
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes