When it comes to betting on a post-coronavirus China, some of the country’s largest property developers are concentrating on a few industry and demographic trends they expect will grow in the longer term.To get more news about china industry research, you can visit acem.sjtu.edu.cn official website.

The coronavirus pandemic and government efforts to control it with restrictions on social gatherings has hit economic growth worldwide and increased uncertainty for property markets, particularly commercial office space. China’s property market already faced challenges of debt-fueled speculation and overcapacity heading into the coronavirus outbreak. The economic shock of the pandemic on the industry is still tangible.

The vacancy rate for Grade A office space in the capital city of Beijing was 14% in the second quarter, up from 11.3% the prior quarter, according to JLL. National sales of office buildings for the first half of the year fell 28%, according to data from the National Bureau of Statistics issued through Wind. That’s slightly better than the 35.3% decline recorded for the first five months of the year, but still near historic lows.

First half data indicates China still relies heavily on investment in property development, said Bruce Pang, head of macro and strategy research at China Renaissance. He pointed out that property was the only one of three major categories of fixed asset investment that posted growth in the first half of the year.

As the commercial property market, in particular, looks for new channels of growth in coming years, some industry experts point to the following three trends:First, China’s burgeoning technology giants are expanding. Social distancing measures and increased working from home are accelerating demand for e-commerce, as well as online games.

There’s a clear level of activity in this new market opportunity, Daniel Yao, head of research at JLL China, said in a phone interview. That’s according to a CNBC translation of his Mandarin-language remarks.

Morgan Stanley analysts highlighted Chinese internet companies as one of a few categories of businesses set to benefit from future growth trends and a shifting relationship among the U.S., China and Europe.

Asian internet companies are a ”‘Regional Champion’ because of high revenues/profits generated from domestic markets with relatively limited overseas exposure,” analysts wrote in a wide-ranging June 23 report called “Investing for a Multipolar World.”

“China Internet companies further benefit from protected competition from global internet giants,” the report added. “As the industrial internet emerges as a key growth driver for the industry, China Internet companies will also benefit given the government’s support of domestic technologies.”In the last two years, China has rapidly relaxed restrictions on foreign ownership of financial institutions in the country. Regardless of the coronavirus or trade tensions, the firms are looking to build out their presence in the world’s second-largest economy.

“These trends have obvious implications for the level and nature of occupier demand,” Savills researchers said in a June report on the China office market.

“International Grade A offices are likely to benefit from leading financial, IT/tech and healthcare/pharmaceutical firms as they are usually based in high spec buildings in more decentralised locations, campuses or business parks,” the report said. “Grade B offices, which might have a higher percentage of (small and medium-sized enterprise) tenants, might struggle in the short term.”

This year marks the 20th anniversary of MBA education in China,” says Ma Jia, director of marketing and admissions for Tsinghua University’s IMBA program, adding that the speed at which the market has grown is, like most things in China, astounding. “China grew fast from the original nine programs to 236 programs.”To get more news about top mba colleges in China, you can visit acem.sjtu.edu.cn official website. Twenty years on, it is unlikely such expansion will continue for much longer. Instead, Chinese business schools are competing now on the quality of their education. Competition among China’s business schools is set to become much more fierce in the coming years as students - both international and Chinese - begin to recognize the value of gaining their MBA in China instead of traditional centers such as Western Europe and the US. At present there are a few well-recognized business schools offering international-standard MBAs in China and yet more offering MBAs partnered with Western schools such as the Sloan School of Management at the Massachusetts Institute of Technology (MIT: Sloan), which partners with Tsinghua University’s School of Economics and Management, amongst others. With such variety in China though, choosing the right MBA is crucial. There are nevertheless some distinct benefits and drawbacks that apply to MBA programs in China regardless of the individual business school. Perhaps the most common benefit of studying for an MBA in China is the widely accepted view that, as a developing marketplace, MBA holders see their career development progress much faster than in more mature economies. The rapid movement of industry to China requires a great deal of well-qualified managers who can understand both Western and Chinese business practices. Moreover, a benefit to students considering studying for an MBA in China is the current lack of such talent throughout the country. “The lack of management talent is quite significant,” says Ms Ma. “MBA graduates will have more job opportunities and room for development.” Insight into Chinese business through an MBA Obtaining an MBA in China allows students to see firsthand what business practices in China look like, and will give those hoping to work in China a significant head start over those planning on transferring their MBA from the West to China. Transferable experience does not only concern moving from West to East but also concerns moving within China itself, as the distinction between Hong Kong and China must be made clear. At times Hong Kong, a Special Administrative Region (SAR) of China, is indistinguishable from the People’s Republic, but in terms of MBA education there are some acute differences in the experience an MBA student can gain. "Hong Kong has a lot of competitive MBA courses with highly diversified student demographics," says Patrick Groom, international admissions manager at Cheung Kong Graduate School of Business in Beijing. "Often, Hong Kong students will be the minority in an MBA course, such is the multi-national make up of Hong Kong MBA students.” But the courses available in Hong Kong, he says, look West a great deal more than they really examine business operations in China and China's impact on the rest of the world.

Economies in Europe and the United States are still languishing as the pandemic forces cities to shut down and shoppers to stay home. But one major country is growing once again: China.To get more China economy news, you can visit shine news official website.

The world’s second-largest economy expanded 3.2 percent from April through June compared to the same period last year, Chinese officials said on Thursday. It was an abrupt turnaround from the January through March quarter, when the economy shrank 6.8 percent, the first contraction that China has acknowledged in nearly half a century.

The recovery points to the authoritarian government’s success in bringing the coronavirus outbreak under control with widespread testing and travel restrictions, after its early missteps delayed the response and fed public anger.

But the economic rebound also reflects the government’s continued reliance on spending on the building of highways and rail lines and other infrastructure projects to juice the economy, rather than on domestic consumption. That approach raises questions about whether China’s economic turnaround can be sustained, and whether it can become the engine needed to drive the global economy out of a slump.

The Shanghai and Shenzhen stock markets in China fell 4.8 percent on Thursday as investors concluded that economic growth had become too dependent on government stimulus.

“It’s all investment,” said Hong Hao, the chief strategist at Bank of Communications International. “Consumption, which is the most sustainable part of growth, is doing much less, so therefore the market sees it as a weakness in economic health.”

China needs to rev up consumption at home because demand for its exports has slowed as other countries go into recession and unemployment grows globally. Factories in China are already cranking out furniture, consumer electronics and mass-market cars more quickly than consumers at home or abroad want to buy them.

“It looks like there is still a mismatch there — people are not consuming as much as previously,” said Sara Hsu, a visiting scholar in economics at Fudan University in Shanghai. Sales of groceries and other essentials have stayed strong in China throughout the pandemic. But the people’s willingness to spend on restaurant meals, nights at hotels and other nonessential goods and services has still not fully bounced back.“The production recovery was much better than that of demand, with insufficient demand for optional goods,” said Stephan Wöllenstein, the chief executive of Volkswagen Group China. The Shanghai and Shenzhen stock markets had surged 14 percent in the first half of this month through Wednesday’s close. The rally had been so strong that some analysts have worried it may be the start of another speculative mania like the one in early 2015 that led to a crash late that year and in early 2016.

On the Chinese economy itself, however, a cautious optimism is emerging, at least compared with the first quarter of this year. “The economy is definitely on the mend,” said Shen Jianguang, the China economist for JD.com, a large Chinese online retailer.

Shares retreated in Asia on Thursday as investors mulled figures showing China’s economy returned to growth in the last quarter.To get more shanghai breaking news, you can visit shine news official website.

The Shanghai Composite index SHCOMP, -1.51% led Thursday’s declines, dropping 4.5%. Benchmarks also fell in Tokyo, Hong Kong and Sydney.

News that China’s economy grew 3.2% in annual terms in April-June, after a 6.8% contraction in the previous quarter, failed to keep an overnight rally going.

The expansion came as anti-virus lockdowns were lifted and factories and stores reopened. But it still was the weakest positive figure since China started reporting quarterly growth in the early 1990s.

Weak retail sales showed that boosting factory output is the easy part, said Stephen Innes of AxiCorp.

“No matter how much stimulus and fiscal sugar you try to entice consumers with, they will not leave their apartment and go on a spending spree until they feel confident the landscape is virus-free,” he said in a report.

The euro area economy is for once set for a sprightlier recovery from crisis than the U.S., thanks to starkly different responses to the coronavirus.To get more news about WikiFX, you can visit wikifx news official website.
Americas failure to get a grip on the pandemic is putting the brakes on its rebound compared with Europe, where many former virus hot spots managed to resume economic activity without causing a similar surge in infections.
Crucial for a sustainable recovery is confidence that the virus is no longer out of control, and Europes relative success may help encourage shoppers to spend and businesses to invest, further propelling demand and growth. The region has also done a better job of protecting jobs and incomes, at least for now, with furlough programs keeping millions of workers on payrolls.
Daily Activity Indices
In the race to recover, Europe extends its lead over the U.S. and U.K.
Sources: Bloomberg Economics, Google, Moovitapp.com, German Statistical Office, BloombergNEF, Indeed.com, Shoppertrak.com, Opportunity Insights

According to JPMorgan Chase & Co., Europe will do better because it has “broken the chain” that links mobility and the virus. Goldman Sachs Group Inc. has cited effective virus control as one reason it expects a “steeper and smoother rebound in the euro area than elsewhere.”
“It‘s very clear that the euro area turned down more sharply but we also expect it to bounce back more sharply,” said Jari Stehn, chief European economist at Goldman Sachs. “It’s pretty rare that the euro area would outgrow the U.S. over a horizon of one to two years.”
Since 1992, the U.S. has outperformed the euro area in all but eight years, according to IMF data. Although the euro area managed to grow when the financial crisis hit in 2008 and the U.S. shrank, in 2009 the U.S. contraction of 2.5% was far shallower than the euro areas 4.5%.
Aggressive lockdowns mean the euro area is set for a sharper second-quarter contraction than the U.S., something that will be seen in GDP figures due this week.
The euro-area economy probably shrank 12% in the three months through June, according to a Bloomberg survey. The U.S. contraction, on an annualized basis, is forecast to be 35%, or a roughly 10% decline quarter-over-quarter.
But high-frequency data suggest Europe is on the mend faster, and Bloomberg Economics estimates that the lead has widened recently.
“Having been hit hardest it‘s pretty impressive that we think that Europe will recover more fully,” said Bruce Kasman, chief economist at JPMorgan. “They’ve broken that link -- the mobility numbers are going up” without a resurgence of the virus, thanks to better contract tracing, mask-wearing and social distancing measures, he said.

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis.To get more news about WikiFX, you can visit wikifx news official website.
The European Union let its member countries suspend import duties on medical equipment needed to fight the coronavirus for three more months.
The European Commission allowed EU governments to waive the blocs tariffs on goods such as masks, testing kits and ventilators until Oct. 31 amid a resurgence in Covid-19 cases worldwide. The move also maintains a suspension of value-added tax on the products.

Second Waves Emerge; Hong Kong to Expand Measures: Virus Update
“Since the number of Covid-19 infections in member states still poses public health risks and as shortages for goods needed to combat the Covid-19 pandemic are still reported in the member states, it is necessary to extend the period,” the commission, the 27-nation EUs executive arm in Brussels, said on Monday in the Official Journal.
The EU import-duty and VAT relief was introduced in early April when Europe had become the epicenter of the pandemic and was struggling to contain it. The suspension of levies has applied retroactively from Jan. 30 and was due to lapse on July 31.

Heavy Complaints About OlympusFx for Malaysian Investor’s “Deadly Order”

Investor James recalled that he firstly learned Olympusfxwas at the beginning of last year. At that time, his friend introduced a trader named Dato Steven to him. Soon later, they got acquainted with each other. The trader then shared with him a profitable project and the platform OlympusFx, through which a monthly margin of 5% - 15% was guaranteed.To get more news about WikiFX, you can visit wikifx news official website.
Stimulated by high profits, James deposited to the company account provided by Dato Steven. The initial continuous profit gave James a taste of blood. He was ecstatic about it. After that, Dato Steven beguiled him into leveraging the investment and inviting new users.
In February this year, the critical moment when James and other participants wanted to withdraw from their OlympusFx account because of the desperately need in money, Dato Steven pretended to be sick for two weeks stalling over the reply. Everyone waited anxiously but never expected that the trader had taken the opportunity to manipulate their accounts and placed a GBP/USD order.
“The order is deadly! In just a few days, he suddenly experienced a negative slippage of over 100 pips. We suffered from substantial losses and even owed money to the platform”, James told WikiFX. The outrageous slippage cannot convince them of the situation, finally they realized that it was a scam. “Later I heard from an insider that the platform plays a money game. That is no deposit, no withdrawal. Users can't make money from the accounts as the platform can manipulate the data.” It taught James the painful lesson that OlympusFx is an unregulated broker.

According to the latest data from the WikiFX APP, OlympusFX only scores 1.58 and has received up to 8 complaints in the past two weeks. The broker is registered in Saint Vincent and the Grenadines under no effective regulation currently. In view of the great risk, please stay away from it!
WikiFXs gentle reminder: If any trouble occurs, such as being unable to withdraw funds or being scammed in investment, please save your evidence by screenshot and contact WikiFX directly to complain and expose it. So far, WikiFX App has included profiles of more than 19,000 forex brokers around the world, while integrating broker information query, exposure, news feed and other functions, and protecting investors fund safety in forex trading. Stay tuned for more exposure!

As Wowhead points out, before attempting WoW Classic’s new raid you’re supposed to run Blackwing Lair a second time, ring a gong, and then wait out the Ten Hour War event to give others a chance to hit the gong, too. With Chinese servers resetting earlier than the rest of the world they were able to ring it and start the event first. For some reason, though, they were also able to enter the raid right away.To get more news about Buy WoW Items, you can visit lootwowgold news official website.

One streamer broadcasted the whole on Chinese streaming service Douyu, which was then restreamed on Twitch. As the raid wasn’t ready, there were a host of issues from mobs being stuck in walls to entire boss mechanics being skippable. Everything is seemingly better now, though, and the new WoW Classic raid is restricted. Once the weekly reset hits at 11:00 PDT/ 14:00 EDT/ 19:00 BST, five US realms will be able to hit the gong and start the Ten Hour War, and the raid should unlock naturally after that if you’ve hit the requirements.

The World of Warcraft: Shadowlands release date isn’t quite here yet, but details are starting to spill out. The WoW Corruption system will be removed in a Shadowlands pre-patch, and Horrific Visions, Island Expeditions, and Warfronts will still be playable when the DLC launches. Oh, and there’s a nifty Witcher 3 easter egg we’re quite fond of. In the meantime, though, you can check out our best WoW addons list to spice up your game while you wait.

World of Warcraft’s Corruption system will be removed in a Shadowlands pre-patch Game Director Ion Hazzikostas explains to Twitch Streamer PandaTV (thanks, Icy Veins) in an interview that the team felt the MMORPG game is broken right now as someone could run a build with 100% critical chance. Don’t worry, though, Azerite gear and essence will still work after the pre-patch.To get more news about WoW Classic Gold, you can visit lootwowgold news official website.

“Corruption is completely going away in the 9.0 pre-patch, so as soon as 9.0 drops, canonically, N’Zoth is dead,” Hazzikostas says. “We have destroyed the old god, his corruption has been cleansed from Azeroth, and we may preserve a legacy tooltip on the gear, but it’s a mix of moving the storyline forward, and frankly, the game is pretty broken right now. “Part of why that’s been okay is that we know it’s for a short time. There’s no way to deal with somebody who has 100% crit rates and all that stuff going into new content.

“Enjoy this silly season, but post-squish, we’ll get back to a normalised space and re-tune all the contents so that people can do everything they were accustomed to doing with all your Corruption, so if you were able to do it before 9.0, you will be able to do it at max level in 9.0. We don’t want to change any of that. Essences and Azerite Armour will continue to work.” You can catch the full interview on PandaTV’s Twitch channel.

We got to try some WoW Shadowlands gameplay for ourselves last year and were left feeling excited for what was to come. If you’d like something to spice up your World of Warcraft experience while you wait, why not try out these WoW addons? GTFO is a personal favourite of mine. If you’re looking for something else entirely, though, then our new PC games list will point you in the right directions. Or, maybe our best MMORPGs list is more your thing if you want something like World of Warcraft.

The first WoW Classic Esports event has recently been announced by Blizzard. The WoW Classic Summer Bowl is a PvP tournament held this June, everything you need to know about it in this article. To get more news about WoW Gold Classic, you can visit lootwowgold news official website.

Recently leaked on the Chinese website dedicated to WoW Classic, the WoW Classic Summer Bowl has been officialy announced. The Esport event will take place this June 17. "For the first time in WoW Classic, World of Warcraft Esports presents the Summer Bowl. The WoW Classic Summer Bowl is a 10v10 Warsong Gulch tournament beginning June 17. Over the following three weekends, teams in North America and Europe will compete for a separate prize pool of USD $4,000 in each region!

" The tournament will be split into two regions: North America and Europe. All games will take place on live servers for WoW Classic, using the recently added War Game feature. Here’s how it all works: Teams of 10 players will sign up for their region. Signups are open to eligible players with a level 60 character on live servers for WoW Classic—check eligibillity and sign up for NA here and EU here! The tournament will be split into two stages for each region: qualifiers and finals. The qualifiers are open sign ups.

The finals will feature the top six teams for the region. Teams will battle against each other on live servers using the War Game feature, allowing players to queue up battlegrounds against other teams in their region. For the top six teams in North America and Europe, there will be a total of USD $4,000 on offer in separate prizing for each region and bragging rights of winning the WoW Classic Summer Bowl! More information on the full ruleset can be found on our NA and EU sign-up pages.