Cargo ships sail on the Huangpu River during the Covid-19 lockdown in Shanghai on May 9, 2022. Photo: EPA-EFE
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
Cargo ships sail on the Huangpu River during the Covid-19 lockdown in Shanghai on May 9, 2022. Photo: EPA-EFE
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