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How greedy landlords are squeezing good Hong Kong restaurants out of business

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Hongkongers love to talk about food and the new restaurants they have dined at. The latter aren’t difficult to find in a city where establishments are opening by the week. The reality, though, is that it’s just different restaurants rotating in the same spaces as rents spiral ever higher. Last month’s closure of Mercato, chef Jean-Georges Vongerichten’s restaurant in Central, came as a shock to this writer. It had all the hallmarks of success: celebrity chef with...

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