Life in a megacity comes at a high premium. In Hong Kong, the costs of living have exploded in recent years, making life almost unlivable for 1 in 6.
1. New York, USA (61,7)|
2. London, Great Britain (58,1)|
3. Paris, France (52,3)|
4. Tokyo, Japan (47,2)|
5. Hong Kong, China (41,3)|
Protesters have rallied in Hong Kong to demand that the city government halt a perceived erosion of media freedom. Journalists claim mainland China is increasingly seeking to influence editorial decisions.
China's Internet retail market leader Alibaba has announced plans for a stock market flotation, not in Hong Kong but on a US market. Sina Weibo has similar intentions, promising fresh competition for Twitter and Amazon.
Hong Kong has banned the sale of live chickens ahead of the Lunar New Year as the city deals with the latest outbreak of H7N9 avian influenza. Already, there are more cases of the virus than last year.
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