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It would be hard to battle value-for-money for those catering to the mass market. I reckon only those are selling unique experiences and products will be relatively immune.
No wonder Shenzhen is drawing diners and shoppers from Hong Kong – it is close by, clean and food is much cheaper
Earlier in the day, our noodle set lunches in a mall food court cost between 25 and 30 yuan. In Hong Kong’s Central neighbourhood, that’s the typical price of a lemon tea.
In Hong Kong, that meal would have cost HK$1,000 (US$130). The bill in Shenzhen was just over 400 yuan (HK$440).
https://www.scmp.com/lifestyle/food-drin...ch-cheaper
No wonder Shenzhen is drawing diners and shoppers from Hong Kong – it is close by, clean and food is much cheaper
Earlier in the day, our noodle set lunches in a mall food court cost between 25 and 30 yuan. In Hong Kong’s Central neighbourhood, that’s the typical price of a lemon tea.
In Hong Kong, that meal would have cost HK$1,000 (US$130). The bill in Shenzhen was just over 400 yuan (HK$440).
https://www.scmp.com/lifestyle/food-drin...ch-cheaper
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.