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China Office Vacancies Reach Decade High on Slowing Economy

  • More than one-fifth of office space stood empty last quarter
  • Supply glut, trade war fallout also contributing to vacancies
General Views of Pudong as PBOC Cash Withdrawals Seen Denting Sentiment
Photographer: Qilai Shen/Bloomberg

China’s deepening economic slowdown and a glut of supply has pushed the nation’s office vacancy rate to the highest since at least 2008.