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Hong
Kong and Beijing among World's Most Expensive Cities
According to a 2003 survey by Mercer Human Resource
Consulting on the cost of living, Hong Kong and Beijing are
the world's fourth and fifth most expensive cities. Shanghai
has fallen to number 11 from its position of 5th last year.
The survey covers 144 cities, and compares the cost of over
200 items in each location. They include housing, food, clothing,
household goods, and also transport and entertainment.