Shanghai malls haven't been doing too hot lately. The Cloud Nine Shopping Mall in Zhongshan Park can claim to be "the city's biggest shopping center in terms of floor space," but suffers from a severe lack of tenants and had to cede their home-grown basement grocery store to Carrefour in in June due to lackluster sales. In July, the Los Angles Times exposed Shanghai's luxury malls as "ghost malls", spearing Plaza 66 and others for renting space to designer name brands at cut-rates in order to create a façade of prosperity and high fashion for the city. more ›