CKGSB Knowledge - China Business and Economy

China Data

Macro

Office vacancies skyrocket

Office vacancy rate was at 21.5% across 17 major cities in Q3 of 2019, significantly up from the same quarter the year before when it was at 16.7%. The rise in vacancies was mainly due to a drying-up of demand, rather than an increase in supply.

Source: Financial Times

Yangtze drought

The middle and lower reaches of the Yangtze river are suffering from the most severe drought experienced, with arable land in the region being adversely affected by temperatures higher than normal.

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