HongKong

Hong Kong braces itself for higher imported food prices as pandemic havoc delays shipping, drives up costs



Frozen meat distributor Allen Chiu Hoi-lun fears his stocks of United States Angus beef could dry up by November as Hongkongers seek out hotpot meals in the cooler weather.Prices have been soaring to levels he has not seen in 30 years and he is worried that worse is to come, as the Covid-19 pandemic has wreaked havoc on international sea freight, causing unpredictable delays in shipments and swelling transport costs.Prices of top grade US beef have soared by more than 50 per cent to 75 per cent…



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