covid 19

"While the city seems to have successfully dealt with COVID-19, old trade and political tensions have returned to introduce new uncertainties."

"The COVID-19 outbreak severely impacted Beijing’s office market. Both landlords and tenants are facing enormous pressure from the stagnate leasing market in 1H/2020 and have adjusted their leasing strategies to make it through these darkdays."

"In 2019, Chengdu’s GDP reached RMB1,701 billion in 2019, an increase of 7.8% year-on-year (YoY)—1.7 percentage points (ppts) and 0.3 of a ppt higher than the national rate and the Sichuan provincial rate, respectively."

"E-commerce in Australia continues to grow at pace with estimates fromNational Australia Bank (NAB) indicating that online retail trade grew 5.6%month on month in March, and 21.8% year on year."

"Thailand’s economy has been suff ering under the hardships resulting from COVID-19 and the countrywide lockdown that came into eff ect mid-March."

"To contain the spread of the COVID-19 virus, the Malaysian government imposed a Movement Control Order (MCO) beginning 18th March 2020, which included border entry bans, travel restrictions and temporary closure of all businesses across all industries deemed non-essential."

"In Macau the first case of COVID-19 was reported on 22nd January (a visitor from Wuhan) and the Government quickly announced and implemented a series of measures to prevent further community spread."

"The Philippine economy contracted by 0.2% in the first quarter of the year. This was mainly attributed to multiple shocks to the economy."

"Shenzhen has enjoyed many political and economic advantages compared to other mainland cities due to its special city positioning and its proximity to Hong Kong, leading its GDP growth rate to continue to outstrip that of China over the past decades."