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…
Brought to you by SCMP. Read more: https://ift.tt/2poXVo0
* * * * *
Breaking news, analysis and opinion from the SCMP’s Hong Kong edition.