SM Aura Opening

SM Aura Opening

Ted Aljibe/AFP/Getty Images

Hans Sy, president of SM Prime Holdings Inc., first left, and other guests cut the ribbon during the opening of SM Aura in Manila on May 16, 2013. An expansion in China, the world’s second-largest economy, will help reduce SM Prime’s reliance in the Philippines, where growth is forecast to slow to 6.5 percent this year, according to economist estimates surveyed by Bloomberg.