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Startups

WeWork halts China expansion as it struggles to fill offices

Coworking rivals Ucommune, Nash and Kr offer cheaper alternatives

People are seen outside the building of Wework's co-working space in central Beijing. Greater China's is the company's third largest market.   © Reuters
MARRIAN ZHOU, Nikkei staff writer | China

NEW YORK -- After a delayed initial public offering and the resignation of co-founder Adam Neumann as CEO, WeWork has put its expansion plan on hold in China.

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