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Shanghai currently has the highest office vacancy rate in the world. Due to foreign companies withdrawing from investments in China Shanghai's office vacancy rate is the highest in the world. At a rate of nearly 25 percent Followed by Chicago and San Francisco According to data from the real estate services company CBRE Beijing ranked 8th with 17.9% Office vacancy rate in Shanghai Increased by more than 5.0% since the end of 2019, before the outbreak of COVID-19 which is a greater increase than in New York, London, or Tokyo One of the key factors is the reduced investment from foreign companies. Foreign direct investment in China It has a total value of over $26 billion in the second quarter. which decreased by 23% from the first quarter Companies in the United States and Europe are downsizing their businesses. Some Japanese companies have also reduced their investments. Amidst the deteriorating bilateral relationship If you have any suggestions regarding the program Or is there anything you would like us to present? Please send us an email at ChinaInfocus at ntd.com We welcome your feedback. For original news around the clock, 24 hours a day Please visit us at ntd.com Or download our NTD app.