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Economy

China cracks down on bike-sharing in 8 cities

Two-wheelers pile up on streets after explosive growth in providers

Surplus bikes have piled up in the city of Guangzhou.

GUANGZHOU -- The rampant spread of bicycle sharing in China since late last year has left the service plagued by problems, prompting authorities to restrict the business in at least eight cities nationwide.

About 10 startups offer bike sharing in Guangzhou, driving competition. This large southern Chinese city has more than 800,000 bicycles available for sharing, with over 7.5 million registered members. But the many vehicles not in use have piled up on the streets, leading Guangzhou's authorities on Aug. 3 to ban the addition of new shared bikes in the city.

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