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NEW YORK CITY—The Americas contain by far the largest share of shopping center space at north of 2.25 billion square feet, with the US alone accounting for more than two billion square feet of the total. That preeminent position won’t change by the end of 2016, although China will add more than four times as much new retail space as the US over the next two years: 161.3 million square feet compared to 36.7 million feet domestically, even if the Americas have more projects under construction.

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