The concept of sharing umbrellas might have not resonated with Chinese locals who failed to return most of the brollies provided by a new, venture-backed startup Sharing E Umbrella. Less than three ...

In May, Bloomberg ran a story titled “China Is the Future of the Sharing Economy.” “Conditions,” it promised, “are ideal for the sector to thrive.” Bike-sharing in the country is now a billion-dollar ...

A photograph of Chinese president Xi Jinping holding an umbrella has garnered the country’s top photojournalism prize, the National News Award, reports the Huffington Post. The umbrella has gained ...

The sharing economy has made it easier for communities to peer exchange anything from a spare bedroom in your house to car rides and bicycles. But the model doesn’t work for everything, as one ...

Opinions expressed by Entrepreneur contributors are their own. From bikes to Uberpool, sharing services in the U.S. have slowly become a norm. However, in China, the “sharing economy” goes beyond ...

A worker makes ribs for an oilcloth umbrella in Gufeng Village of Jingxian County, east China's Anhui Province, Nov. 13, 2024. The umbrella, made of oiled cloth and bamboo frame, is a traditional ...