New shopping malls in China, such as Wanda Mall, which opened on June 30, could struggle to raise leasing rates on embattled retailers in coming years. Photo: Simon Song
China’s shopping mall operators warned of looming ‘lost decade’; rental prospects dim as shoppers head online
China’s shopping mall operators are grappling with the question of how to raise leasing rates among a tenant base squeezed by online retailing
New shopping malls in China, such as Wanda Mall, which opened on June 30, could struggle to raise leasing rates on embattled retailers in coming years. Photo: Simon Song