Posted inAT Finance, Australia, Beijing, China, Germany, India, Israel, Malaysia, Middle East, Oceania, Shanghai, South Asia, Tianjin, United Kingdom, World

China’s ‘bike graveyards’ a testament to bubble trouble

They are graveyards to a craze which spiraled out of control. On the outskirts of leading Chinese cities, rows of brightly-colored bicycles are packed in tight formation, a rusting monument to a two-year phenomenon. At its height in 2017, the bike-sharing mania gripped major urban areas such as Beijing, Shanghai, Shenzhen and Tianjin, with the […]

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