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Retail

Cambodia set for mall glut as foreign and local projects pile up

Doubts grow over whether fragile middle class can support rapid boom in retail space

Japan's Aeon is building its third shopping mall in Cambodia amid a boom in new retail developments. (Photo by Shinya Sawai) 

PHNOM PENH -- Five, sometimes six, days a week Mao Sophorn brings her 1-year-old daughter to Aeon Mall 2.

"People come here to hang out, relax and to feel fancy," said Sophorn on a recent Thursday afternoon, as her daughter sat on her knee and her two young nephews, clad in Spiderman t-shirts, played in a trolley.

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