"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."

"Though the initial three quarters of 2019 were marked by a number of negative factors including rising inflation, a contraction in industrial output and a falling GDP growth rate; the economy towards the end of 2019 had started showing signs of a turnaround."

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