Officials say high office vacancy rates are only "temporary" and time is needed for fresh capital to digest the supply. Photo: Sandy Li
Daniel Ren
Opinion

Opinion

Daniel Ren

Empty office buildings point to deeper malaise in China's wealthiest region

Authorities built waves of new towns believing demand would continue unchecked for decades

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Officials say high office vacancy rates are only "temporary" and time is needed for fresh capital to digest the supply. Photo: Sandy Li
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