Korea's economic arthritis
Oct 27, 2015
How to survive Hong Kong's retail slump
Hong Kong’s dependence on Chinese tourism has left the city-state’s retailers highly exposed to an economic downturn. But there are ways treasurers can cope.
Hong Kong’s retail sector has been showing signs of vulnerability after the breakneck growth of the past decade. The city’s high rents and the falling number of mainland tourists have pushed the hitherto buoyant retail sector, once the envy of the world, into a phase of rapid consolidation.
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