Sharing economy flourishing in China
Local startups quickly adapting to changing consumer trends
With only two taps on a smartphone, cyclists can take a Mobike out for a spin.
SHANGHAI -- Chinese consumers are increasingly adopting sharing services offered by startups as slowing economic growth prompts many to yield more with less yuan.
On top of services that are now global standards, such as taxi-hailing, ride-sharing and home-sharing apps, Chinese startups are offering more variety.
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