China’s economic gloom has spilled over into commercial building leasing in many megacities, with Shanghai’s office vacancy rate reaching a two-decade high. According to CBRE, a real estate consulting firm, the vacancy rate for Grade A offices in ShanghaiRead more https://www.theepochtimes.com/china/shanghai-office-vacancies-hit-new-high-5643583
News Analysis The Chinese Communist Party (CCP) has urged local governments to curb spending amid the current financial strain. Experts believe this political strategy will not help solve China’s economic difficulties but only accelerate the economic decline
Commentary China has announced plans to convene its third plenum in July, focusing on reforms and economic strategies, as revealed in a press release by the Political Bureau of the Chinese Communist Party (CCP). Analysts speculate that the downturn in the
Analysis China has announced plans to convene its third plenum in July, focusing on reforms and economic strategies, as revealed in a press release by the Political Bureau of the Chinese Communist Party (CCP). Analysts speculate that the downturn in the