Chinese Malls Waive Rents as Vacancies of 30% Loom

Chinese Malls Waive Rents as Vacancies of 30% Loom Play

July 2 (Bloomberg) -- Chinese landlords are forgoing rent and paying to outfit stores for mass-market fashion brands including Zara and H&M, a bid to blunt the impact of a boom in shopping-mall construction that threatens to push up vacancies. Angie Lau reports on Bloomberg Television's "First Up." (Source: Bloomberg)

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