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