Vacancies reach 24% in China's commercial capital as international tenants withdraw

Shanghai is known for its scenic night view along the Bund waterfront. (Photo by Kentaro Shiozaki)
KENTARO SHIOZAKI
October 20, 2026 01:10 JST
SHANGHAI -- Shanghai is now home to the world's highest office vacancy rate, the latest industry data shows, as foreign companies back off from investing in China.




