Hong Kong Small Business Vanishes With Soaring Rent : News Photo

Hong Kong Small Business Vanishes With Soaring Rent

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Bloomberg / Contributor
A 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
Caption:
A 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
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Date created:
March 30, 2013
Editorial #:
165219919
Release info:
Not released.More information
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Contact your local office for all commercial or promotional uses.For editorial use only. Additional clearance required for commercial or promotional use, contact your local office for assistance. Any commercial or promotional use of Bloomberg content requires Bloomberg's prior written consent.
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Bloomberg
Credit:
Bloomberg via Getty Images
Max file size:
3,000 x 2,000 px (41.67 x 27.78 in) - 72 dpi - 2.27 MB
Source:
Bloomberg
Object name:
HK RETAIL

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A cook sits near some steps while holding a cigarette in the Tai Hang... News Photo 165219919Asia,Asian,Chinese,Cigarette,Civilian,Consumerism,Cookery,East Asia,Economy,Environment,Finance,Geographical Locations,Holding,Home,Hong Kong,Horizontal,Labor,Lease Agreement,Occupation,Rent,Resident,Routine,Sitting,StepsPhotographer 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