China’s Slumping Office Rental Market Faces A Steep Climb In 2023

Lingering concerns about demand and a rush of new supply hitting the market uncut hopes for a quick recovery this year

For the last few decades, the clusters of office buildings that reach into the sky above major Chinese cities have served as a symbol of the country’s economic rise. Over the last year, however, those same structures have begun to look like more of a drag.

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