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Financial Times: Why do the wheels fell off the process of China's boom



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From Xiamen to Shanghai's massive cemetery dirty bike, all twisted frame and filled with steel axle and wheels unwanted emblem for hundreds of Chinese start-ups, which once thrived on easy money, hard graft and light regulation.

If the idea is to take effect in 2015, the company promises to rent bicycles to attract investors to grow the middle class in China, attracting billions of dollars from investors, even if they are often charged little cyclists, or in some cases did not use anything.

Some, such as Mobike and Ofo, grew rapidly abroad.

Nevertheless, both of them after the cut

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