HONG KONG - Causeway Bay

Causeway Bay is an area and a bay on Hong Kong Island, Hong Kong, straddling the border of the Eastern and the Wan Chai districts. It is a major shopping, leisure and cultural centre in Hong Kong, with a number of major shopping centres. The rents in the shopping areas of Causeway Bay were ranked as the world's most expensive for the second year in a row in 2013, after overtaking New York City's Fifth Avenue in 2012. Causeway Bay's history as a shopping district dates back to 1960, when Daimaru, a Japanese style department store opened in Great George Street. By the 1970s, Causeway Bay has developed into Hong Kong's main shopping district. A number of other Japanese style department stores, including Matsuzakaya, Mitsukoshi and Sogo, opened in the 1970s and 1980s, giving Causeway Bay the nickname of "little Ginza". In the 1990s, several major shopping centres were constructed, strengthening Causeway Bay's status as one of the major shopping districts in Hong Kong.