How the World’s Biggest Mall Became a Chinese ‘Ghost Town’
A factory city in China, Dongguan which has approximately ten million population and most residents are immigrant laborers from some parts of the world. However, a large group of people living in the same place is not capable to hold up a 5 million-sq.ft. shopping center.
More than two times the area of the U.S.’s Mall of America, New South China Mall in Guangdong province is by far identified as the largest mall in the world. An enormous, especially a big and powerful shopping mall opened in 2005 and was regarded to captivate one hundred thousand guests every day and it has room 2,350 residents as well according to the report of CNN. It takes pride their indoor amusement park with a roller coaster, an IMAX theater and a Teletubbies Edutainment Center for kids. Originally called the South China New Mall, the property was reintroduced in 2007 as the New South China Mall, Living City, in aspirations of captivating customers.
Unfortunately, eight years after its first opening, many of its storefronts remain unoccupied, an empty structure to Chinese real estate desires and the boost credit bang that followed the financial turning point. According to BBC, it also meets on the outer parts of a town, making it hard to approach the place.
C. Subramanian