A citizen of China who wants to buy up the prime retail spaces of Canada’s Hudson’s Bay Co. says when journalists write that she is the wealthiest woman in Vancouver she “feels it” is true .
But shopping mall landlords across the country have told an Ontario judge that the businesses and assets of (Ruby) Weihong Liu — whom media outlets frequently describe as either a “Chinese billionaire” or a “B.C. billionaire” — are an “empty shell.”
The landlords of 25 former Hudson’s Bay retail stores, including giants such as Cadillac Fairview and Cambridge Ivanhoe, oppose Liu’s attempt to become one of their key tenants, saying she would leave them with large empty spaces instead of thriving anchor outlets.
Even though Liu’s name is on the title of malls in Tsawwassen, Victoria and Nanaimo, plu