ars, bikes, basketballs and even umbrellas have all made an appearance in China's so-called "sharing economy," the business phenomenon which allows people to access goods and services via apps.
On the one hand, this model has created numerous business and jobs, one the other, it has raised many questions. Where is the line between the sharing economy and rental economy? Are these business viable? Or could this be a bubble?
In this interview, Arun Sundararajan, professor of business and author of The Sharing Economy, answers these questions.