From Deseret News archives:
Eager shoppers flock to the great malls of China
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Developers are spending billions of dollars to create these supersize shopping centers in the country's fastest-growing cities betting that a nation of savers is on the verge of also becoming a nation of tireless shoppers.
"These shopping centers are just huge," said Radha Chadha, who runs Chadha Strategy Consulting, which tracks shopping malls and the sales of luxury goods in Asia. "China likes to do things big. They like to make an impact."
Retail sales in China have jumped nearly 50 percent in the last four years, as measured by the nation's biggest retailers, government data says. And with rising incomes, Chinese are spending their money on shoes, bags, clothing and even theme-park-style rides.
"We like this place a lot," said Ruth Tong, 27, a visitor to the South China Mall here in Dongguan with her husband and son. "They have a lot of fun things to do. They have shopping and even rides. So we like it and yes, we'll come back again."
Although China is still a land of disparity, it has a growing middle class.
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Recent comments
This mall is an absolute disaster and has well over 90% of the shops...
Doug | April 8, 2009 at 6:50 a.m.
thats so cool i want to go cause im rich so i will be able to afford...
cassie | March 16, 2009 at 11:45 a.m.
Just think, one single mall as an international touring destination....
Greg | Aug. 26, 2008 at 6:11 a.m.
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