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New York’s Fifth Avenue, Causeway Bay in Hong Kong and the Champs Elysées are the world’s most expensive shopping streets.

In second position in the world, after New York's Fifth Avenue, is Causeway Bay in Hong Kong, which in 2005 has leapfrogged Paris' Avenue des Champs Elysées.

Causeway Bay is a heavily built-up area of Hong Kong, located on the northern shore of Hong Kong Island, and covering parts of Wan Chai and Eastern districts. The Chinese name is also romanized as Tung Lo Wan as in Tung Lo Wan Road (銅鑼灣道). The rent in the shopping areas of Causeway Bay is ranked the as being one of the most expensive in the world, near that of London's Sloane Street and New York's Fifth Avenue.

If you shop and entertain in Hong Kong, do not miss Causeway Bay. Causeway Bay was a shoal more than a hundred years ago. After reclamation it was earth-based and gradually became a commercial area with an interconnecting road system. Now, it serves as a very popular center for shopping, dining and nightlife in Hong Kong.