The battlefield for investors in Beijing shopping malls has moved far from the heart of the city.Increasingly, developers and investment funds are opening mega-malls in distant suburbs, competing for precious foot traffic with pet cafes, jazz bars and other novelties not available elsewhere.City planners are behind the shift: They want to disperse the 24 million residents of the nation’s capital city, which is built far out on a series of beltways, ending with the 7th Ring Road. As part of that…
Source : South China Morning Post
Read more…Battlefield for investors in Beijing shopping malls moves to far-flung suburbs















