Starbucks, office rents and CEOs form alternative outlook on China

Updated: 2016-02-02 14:31

(Xinhua)

Starbucks, office rents and CEOs form alternative outlook on China

Ben van Beurden, CEO of Royal Dutch Shell PLC, attends the economy summit of China development forum 2015 at Diaoyutai in Beijing, China, March 21 2015. The China development forum 2015 is held in Beijing during March 21 to 23 2015 with the theme of China's economy in the 'New Normal. The company has opened a new commercial hub in Shanghai in June, 2015, which it said will better serve its downstream business customers in China.[Photo/IC]
The rising rental index was in part driven by foreign firms' continuing to invest in China, analysts said. Energy giant Shell, for example, just took up residence in a Beijing skyscraper.

Li Lusha, spokesperson for Shell China, said that new office will bring together employees from separate locations.

"As our business in China expands, our current office space can no longer accommodate our increasing number of employees," Li said.