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Is the sharing economy an opportunity for China?

926 views · Published 30 December 2018 · 28:58 · Indexed 28 September 2026

Channel: CGTN · 2018 · News & Politics

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Following the booming development of the emerging sharing economy, new problems are rising to the surface in China. Once touted as a symbol of the country’s sharing industry, Ofo is in the midst of a huge financial struggle and faces potential legal consequences. Does shared mobility still have a promising future? With increasing concern over issues such as safety and unreturned deposits, how can public trust be restored? And what are the prospects for the industry as a whole?

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