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Section: Business News - Central Pattana Plc (CPN), the property arm of the Central Group, announced plans for its first foreign shopping complex, in Qingdao, China, scheduled to open two years from now.
An executive from the group's fashion apparel business said CPN executives recently briefed 100 tenants in Thailand dealing in apparel, food and information technology about the possibility of opening shops in the Qingdao mall.
"CPN has spent two or three years studying market opportunities abroad, and China is the most interesting due to its robust economic growth and strong consumer purchasing power," said the executive.
The source said CPN would sign a …