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Mar 11, 2013

Why world's biggest mall in China is now also being known as 'Ghost Mall'?

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    Mar 11, 2013

    New South China Mall in Guangdong Province China, is the biggest mall in the world. It was opened in 2005 and it has 5 million square feet of shopping area, with 2,350 stores. But this mall is now being called as "Ghost mall" because most of it empty and it has very less consumer traffic and a high vacancy rate. According to a report last year by Emporis, a global building data firm. "It has been classified as a 'dead mall.'" To know more about this click here :- http://edition.cnn.com/2013/03/03/business/china-worlds-largest-mall/index.html?hpt=hp_inthenews

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    Mar 11, 2013

    Because its almost empty and very less people go there.

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