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Chinese tech firms snub Australian office market amid Beijing’s spat with Canberra over trade, Covid-19 handling

Australia’s office property market has taken a battering from the Covid-19 pandemic, with vacancy rates in cities like Sydney soaring as companies cut back their overheads and more people work from home.In that respect, it is no different from most developed countries. However, Australia might not be faring so badly had its government not fallen foul of Beijing’s wrath, according to analysts.“The recent political tension between Australia and China may be an obstacle for Chinese tech companies…

Read the original article at South China Morning Post

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