Ucommune acquired five of its smaller rivals last year, including the 300 million yuan acquisition of Workingdom. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Cutthroat competition in China’s co-working office sector will see a survival of the largest

  • The fact China’s largest home-grown provider of shared workspace, Ucommune, succeeded in winning fresh backing amid a funding crunch is yet another sign that consolidation is under way and more of the smaller players are set to fail

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Ucommune acquired five of its smaller rivals last year, including the 300 million yuan acquisition of Workingdom. Photo: Reuters
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Office workers walk past the General Post Office building during lunchtime in Sydney, Australia. Politically stable, economically resilient and highly transparent, Australia has long been one of the preferred markets for Chinese cross-border property investors. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Slowdown in Australia’s property market won’t dampen Chinese investor interest

  • Not only is the market correction happening in a fundamentally strong economy, but Chinese developers’ established presence in Australia and Chinese people’s favourable sentiment will ensure the appeal of Australian property endures

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Office workers walk past the General Post Office building during lunchtime in Sydney, Australia. Politically stable, economically resilient and highly transparent, Australia has long been one of the preferred markets for Chinese cross-border property investors. Photo: Reuters
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