Hong Kong, China - Peoples Republic of
POTENTIAL CUSTOMERS AT MERCEDES BENZ SHOWROOM IN HONG KONG.
Potential customers walk past a displayed E320 Mercedes Benz at a showroom
in Hong Kong April 8, 2002. Many people have been laid off in the territory
and more are living in fear of the axe, but the super rich are living it up.
As many as 260 new Mercedes Benz E-class cars, carry a price tag of between
HK$438,000 (US$56,000) and HK$748,000 (US$96,000) were snapped up over a
three-day motor show in March. Sales of foreign luxury goods, from
limousines to branded clothes and accessories, have shot up in 2001, clear
signs that the wealthiest in Hong Kong are little bothered by the second
recession in four years. REUTERS/Bobby Yip