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China leads in global retail floor supply

With a total supply of 26.6 million square meters of commercial floors being developed, accounting to 79pct of global supply, China is becoming a sweet spot for the global retail market. Anthony Buono, Chairman of CBRE’s Global Retail Executive Committee, said that retailers in the age of multi-channels focus to ensure the optimal combination between traditional stores and e-commercial activities. Therefore, they are using detailed analysis methods and market knowledge to select the best-selling retail websites, instead of a large number of retail websites.