By  on May 20, 2013

China’s capital city has always been less outwardly glamorous than its showy southern neighbor Shanghai, but Beijing has long been and remains the country’s top retail powerhouse.

That’s because, analysts say, the money and power centers of China are firmly rooted in Beijing and they are not going anywhere, despite Shanghai’s overwhelming glitz. The world’s premier brands will continue to set up shop in Beijing for long-term, serious investment prospects in the world’s number-one growth market.

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