Regulate the sharing economy, but don’t stifle innovation

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The technology-driven sharing economy has been good for Asia, creating jobs, boosting economies and making better use of capacity. But all is not rosy, as the bicycle-strewn streets of mainland China’s cities, disrupted industries and disadvantaged workers can attest. The financial troubles of the co-working company WeWork highlights another facet: poor management. Where investors put their money is their business, but governments also have to be mindful of impacts and be prepared for balanced…

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Breaking news, analysis and opinion from the SCMP’s Hong Kong edition.

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