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Hong Kong loses crown to Turkmenistan’s Ashgabat as world’s most expensive city

SCMP, 23 Jun 2021
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Turkmenistan’s capital Ashgabat has been ranked as the world’s most expensive city for expats in 2021, according to an annual cost-of-living survey by consultancy firm Mercer. Hong Kong dropped to second place, followed by Beirut and Tokyo.

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