Hong Kong Small Business Vanishes With Soaring Rent

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A cook sits near some steps while holding a cigarette in the Tai Hang... News PhotoAsia,Cigarette,Civilian,Consumerism,East Asia,Economy,Environment,Finance,Geographical Locations,Holding,Hong Kong,Horizontal,Lease Agreement,Occupation,Routine,SittingPhotographer Collection: Bloomberg 2013 BloombergA cook sits near some steps while holding a cigarette in the Tai Hang area of Hong Kong, China, on Saturday, March 30, 2013. Rents are climbing in neighborhoods near Causeway Bay and Hong Kong's other prime shopping districts, known for luxury stores that attract free-spending tourists from mainland China. That's squeezing out mom-and-pop shops, congee and noodle vendors as developers and landlords seek to profit from the trend. Photographer: Lam Yik Fei/Bloomberg via Getty Images