The Decline of the Entrepôt Economy, HK's Fall from Grace...The Socio-Political & Economic Drivers

Transport Sector, China and Asia-focused Research

Charles De Trenck

Thematic (Sector/Industry)

Hong kong Consumer discretionary / Thematic (Sector/Industry)

Mandarin Oriental International (MAND SP)

I check 1-2x a year food price changes in HK, often comparing with US prices. I also kick tires on apartment rentals and constantly compare the “true cost” of living.For higher end pricing (and quality) I use Whole Foods in the US. Although on many items, Trader Joe’s and <a href="https://www.smartkarma.com/entities/12490" target="_blank" data-smartkarma-citation="entities:12490:1">Whole Foods Market Inc (WFM US)</a> are not that far apart now! In HK, I use City Super, Oliver’s, Great. Since I buy most of the food for the household, I am extremely price sensitive to changes and over-pricing.In HK in 2017…

I check 1-2x a year food price changes in HK, often comparing with US prices. I also kick tires on apartment rentals and constantly compare the “true cost” of living.For higher end pricing (and quality) I use Whole Foods in the US. Although on many items, Trader Joe’s and Whole Foods Market Inc (WFM US) are not that far apart now! In HK, I use City Super, Oliver’s, Great. Since I buy most of the food for the household, I am extremely price sensitive to changes and over-pricing.In HK in 2017…

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