WITH HKIR WEEK AROUND THE CORNER, A LOOK AT THE NEW HONG KONG…

By Hans Ebert
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Warning: This isn’t the Hong Kong that was around two years ago. Or even a year ago. A shopper’s paradise? Hardly. Those nouveau riche Mainland Chinese came in droves a few years ago, shops closed exclusively for them to overpay for luxury items before the spending was finally reined in.

Walk through the Landmark and Pacific Place and very often the staff outnumber customers. Those big name brands just lie there. Unless there’s some seasonal sale. Or an Everything Must Go Sale.

It’s like restaurants, bars and clubs. One day, they’re there. The next they’re gone. It’s all about over supply and demand. And more often than not, no demand. Other than the occasional drunk tourist being thrown out of Escape in Jaffe Road, except for Dust Till Dawn, Wanchai is dead.

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