The number of shopping centres in Foshan, a city of seven million, is expected to exceed that of Guangzhou by 2017. Photo: Bloomberg

Flood of new retail centres set to hit mainland China's second-tier cities

Many second-tier cities face an oversupply of shopping malls due to heavy urban planning

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The number of shopping centres in Foshan, a city of seven million, is expected to exceed that of Guangzhou by 2017. Photo: Bloomberg
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