HONG KONG -- Japanese and Chinese low-priced restaurant and retail chains are expanding into Hong Kong one after another, taking advantage of low commercial rents and consumer attitudes favoring affordability amid an economic downturn.
Business trends
Japanese, Chinese low-priced chains enter Hong Kong amid slow economy
Territory's consumers are tightening purse strings and looking for deals
Japanese beef bowl chain Matsuya is gaining fans with meals that cost less than some local foods. (Photo by Kensaku Ihara)
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