By  on April 23, 2012

SHANGHAI — Even with an overwhelming number of new shopping centers being built throughout China, there remains a shortage of prime real estate for luxury brands looking to open in the country or expand deeper into smaller cities on the Mainland, according to a new global retail report by CBRE Group Inc.’s CBRE Consulting.

This story first appeared in the April 23, 2012 issue of WWD. Subscribe Today.

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