A woman wears a face mask in Shanghai’s financial district. Major shopping districts in China’s commercial and financial capital remain deserted. Photo: AFP
Covid-19 outbreak to have ‘devastating impact’ on Shanghai commercial property, as consumers stay away
- Only a third of the city’s about 11,000 stores had reopened for business as of early March
- Commercial property developers will be one of the biggest victims, Colliers International says
Topic |
China property
A woman wears a face mask in Shanghai’s financial district. Major shopping districts in China’s commercial and financial capital remain deserted. Photo: AFP