Cargo ships sail on the Huangpu River during the Covid-19 lockdown in Shanghai on May 9, 2022. Photo: EPA-EFE
A fifth of MNCs in China rethink office space leasing plans amid tough Covid-19 curbs, while 4 in 100 cancel expansion
- More than three-quarters of multinational companies in China said in a JLL survey that their leasing plans were not affected by the pandemic
- Nearly 60 per cent of companies were planning or considering closed-loop work arrangements, but many have also grown more accepting of remote work
Cargo ships sail on the Huangpu River during the Covid-19 lockdown in Shanghai on May 9, 2022. Photo: EPA-EFE