The Dying Shopping Malls.docVIP

The Dying Shopping Malls 　　The emerging shopping malls quickly take each part of Chinese cities like the Reaper descending on earth from the outer space in Mass Effect. 　　Between the middle and outer rings of Shanghai， a shopping mall that covers 320 thousand square meters was opened on July 7. In spite of the grilling sunshine， a lot of people swarmed into the shopping mall， causing havoc to the already crowded streets and blocks. 　　“This （the huge number of people） is just like the bloating commercial property in China，” said an anonymous property consultant， “hot and crowded.” 　　As DTZ estimated， the real estate retail projects that are going to be sold in Shanghai （including shopping malls， department stores， commercial blocks and real estate projects with certain sizes， small stores on the street excluded） will have the total area of 2.494 million square meters. 　　If you are not amazed at this number， then you should known that the area of sold retail property projects from 2000 to June 2013 in Shanghai was only 10.912 million square meters. 　　The crazy expansion of shopping malls is not exclusive to Shanghai. Instead， it could be seen everywhere of China， from the coastal cities in East China to the inland provinces of West China， from metropolis’s CBD to small counties’ core business centers. Jones Lang LaSalle， a real estate investment management and service company that has businesses in 700 cities of 60 countries， forecasted that the number of newly-added shopping malls in China will hit the historical high in 2013. 　　Jones Lang LaSalle also monitored 20 main cities in China and found that about 150 shopping malls could be opened in these cities this year. The size of these new buildings is increasing as well ? the average area of these new shopping malls exceeds 80 thousand square meters. 　　“Some inexperienced property developers hope to complete their projects before the competition gets intensified. They are also likely to increase the size of t