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Need a bike, ball or brolly? In China, there are sharing apps for these and more
But as the industry tops 3.45 trillion yuan, specialists warn the country is over-sharing, with some startups going bust
Published Thu, Jul 6, 2017 · 09:50 PM
Shanghai
BASKETBALLS, electric scooters and rainbow-coloured umbrellas - nothing seems out of bounds in China's booming "sharing economy".
Where once Chinese consumers would look to shell out on items such as luxury handbags or cars, now they can rent them for short periods taking advantage of the explosion of mobile payment technology.
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