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Beijing's golden resources mall ought to be a shopper's paradise. Built on the city's outskirts in 2004, the Art Deco-style center boasts a staggering 6 million sq. ft. (560,000 sq m) of retail space, making it the world's second largest mall, 30% bigger than Minnesota's famed Mall of America, once the largest. Golden Resources accommodates more than 1,000 shops, dozens of restaurants, 230 escalators and an ice-skating rink. On its five floors, you can buy everything from fur coats to exercise equipment to pet supplies...
...totaled $800 billion, during China's recent construction boom far more retail space has been added than the market can absorb. More than 500 new malls have been built since 2002 and at least 100 more are expected to open this year, adding a total of about 320 million sq. ft. (30 million sq m) of new retail space-16 times Manhattan's total. "It's a huge supply in any market," says Morgan Parker, the Hong Kong-based president of Taubman Asia, a subsidiary of U.S. real estate developer Taubman Centers...
...weekend spent wowing international broadcast and print media, client-carriers and supplier-partners culminated in Sunday's event, as former TV news anchor Tom Brokaw hosted the 787 Dreamliner premiere from a stage set up in Boeing's 40-36 Building, a sprawling 10-sq. acre facility north of Seattle. In addition to the 15,000 gathered in Everett (wearing badges that read "Success Runs in the Family"), about 25,000 Boeing employees and retirees also watched the broadcast from the Seattle Seahawks' 50,000-seat stadium rented for the occasion. The event, broadcast to 45 countries in nine languages...
...will also leave in question the future of a 325,000-sq.-ft. office tower in downtown New Orleans, where many former office buildings have been converted to hotels and condominiums. But condos and hotels don't foster the sort of long-term, thriving business climate that encourages companies to put down roots. "Every time we lose a corporate headquarters, it makes it harder for us to get a new corporate headquarters," says Al Petrie, a New Orleans investor and media relations consultant who has extensive ties with the energy industry. Katrina's chaotic aftermath and slow recovery are "forcing...
...evening with one of the youth action teams last month shows that police still have much to do to bring the streets to heel. Gangs of teenage boys are skirmishing over a 1-sq.-km patch of turf in south Auckland. In Electra Place, officers Ott and Stevenson find a bare-chested youth holding a blood-soaked cloth to a 3-cm slash above one eye; his friend is screaming about a gang attack. The victim says the knife wielder has run off into a house a few doors down the street. "The guy with the knife could still...