China’s shoppers head for suburban outlets, a bright spot in retail property
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Source: South China Morning Post
Published: 2026-03-08 11:30 UTC+10:00
Section: Florentia Village Shanghai
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, China, Tax & Budget, Property & Housing, Business & Economy, Asia Pacific
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Snippet:
Outlet spending nearly doubles to around US$36 billion over five years, prompting investment surge while urban malls suffer high vacancies
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