Developers, funds target China demand for co-working space amid startup boom

Business & Technology

"Co-workingโ€™s popularity is helping developers and financial investors tap new revenue sources in China and cushion the impact of the softening retail and office property sectors as the worldโ€™s second-largest economy slows," writes Clare Jim. "But the highly cyclical nature of the startupsโ€™ business model also exposes them to new risks."