Bike-sharing backpedal puts China manufacturers in a spin

On the western outskirts of Tianjin, a port city near Beijing, idle workers at a bicycle factory reminisce about better days.

"Even last year, shared bikes were all the rage, but we get no orders any more," said one of the managers at Luoda Bicycle, in the Tianjin suburb of Wangqingtuo, who gave his name only as Mr Xue. He added that the hot item this year was electric scooters.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on July 31, 2018, with the headline 'Bike-sharing backpedal puts China manufacturers in a spin'. Subscribe