Blame greed, not the yuan, for Hong Kong's food price rises

Stronger yuan to bring Hong Kong higher food prices", warned a headline in last Saturday's South China Morning Post.

The article that followed quoted a clutch of importers and retailers, all saying much the same thing.

With the Chinese currency testing its strongest levels against the Hong Kong dollar since 1993, they all warned that the yuan's appreciation would drive up food price inflation here in Hong Kong.

via Business feed http://www.scmp.com/business/article/1076498/blame-greed-not-yuan-hong-kongs-food-price-rises