China's 'sharing economy' is booming, stoking fears of a bubble

FEATURE: (By Yawen Chen and Ryan Woo, Reuters) — Fancy shooting some hoops, but don’t have a basketball? Caught in the rain with no umbrella? Smartphone run out of juice? China’s rapidly expanding “sharing economy”, which already provides car rides and bicycle hire on demand, can help. For just 2 yuan ($0.30) an hour, Nate Liu, a […]