Property News · June 8, 2021

China-Australia relations: tech firms snub Australian office market amid Beijing’s spat with Canberra over trade, Covid-19 handling


Australia’s office property market has taken a battering from the Covid-19 pandemic, with vacancy rates in cities like Sydney soaring as companies cut back their overheads and more people work from home.In that respect, it is no different from most developed countries. However, Australia might not be faring so badly had its government not fallen foul of Beijing’s wrath, according to analysts.“The recent political tension between Australia and China may be an obstacle for Chinese tech companies…

Source : South China Morning Post
Read more…China-Australia relations: tech firms snub Australian office market amid Beijing’s spat with Canberra over trade, Covid-19 handling

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