Bloomberg News reports that landlords have begun to waive rents and provide other perks to non-luxury names like Zara and H&M in an effort to prevent rising vacancies, as a boom in shopping mall construction amid cooling...
At the Los Angeles Times, David Pierson examines the hangover from China’s efforts to combat the 2008 financial crisis, beginning in a gleaming but deserted shopping mall in Beijing: “It gets better on...
From Asia Times (link): The rise of the moneyed Chinese consumer may be old news. But the rise of consumers who insist on parking as close as possible to a doorway and who drink cappuccinos above a skating rink while their five-year-olds run circles around a potted palmetto has just started to hit commercial developers. […]
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