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  "docSlug": "6e4856b01af3",
  "documentTitle": "Hong Kong Dollar / Hong Kong Monetary Authority (HKMA) (HKD)",
  "authorId": "01_Pershing_Square",
  "authorName": "Pershing Square Capital Management",
  "documentKindSlug": "conference-presentation",
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  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2011-09-14 00:00:00",
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  "pageNumber": 79,
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  "slideType": "problem_statement",
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  "notes": "The chart uses a dual-axis approach where the right axis is inverted to show currency weakness correlating with rising costs.",
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      "kind": "callout",
      "text": "Unable to revalue higher, Hong Kong’s weak currency has led to a large increase in the cost of imports, particularly in the critical food sector",
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      "kind": "chart",
      "text": "Unit Cost of Imports vs Trade-Weighted HKD Inverted",
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      "text": "Hong Kong imports 90% of its food, mainly from China",
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      "text": "Source: “Nominal Effective Exchange Rate” – Bloomberg. “External Trade “ - Census and Statistics Department, Hong Kong SAR Government, Table 76.",
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      "text": "Rising Cost of Imports",
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