Discount retailer takes control by building shopping center

Wal-Mart Stores Inc is building its first community shopping center in China, a move that the retailer hopes will ultimately give it more control over store layouts as it grapples with high commercial rents in the nation.

The center, named The Mall Zhuhai, will be in the southern Chinese city of Zhuhai, Guangdong province.

The projected cost is 600 million yuan ($96.7 million) and the area will total 100,000 square meters.