Property News · May 9, 2022

Shanghai’s state-backed developers scrap rents in financial lifeline for tenants as lockdown squeezes small businesses


China’s state-owned commercial landlords in Shanghai will forego rents for up to six months, handing a crucial financial lifeline to local small businesses.

Source : South China Morning Post
Read more…Shanghai’s state-backed developers scrap rents in financial lifeline for tenants as lockdown squeezes small businesses