A WeWork co-working space in Shanghai. Around one third of WeWork’s co-working spaces were vacant in October. Photo: Handout
The View by Nicholas Spiro
Why WeWork’s collapse could be a blessing in disguise for China’s co-working sector
While the fallout from the turmoil at shared office provider WeWork has been severe in China, it will accelerate consolidation in the sector and prompt co-working providers to move towards corporate clients
Nicholas Spiro is a partner at Lauressa Advisory, a specialist London-based real estate and macroeconomic advisory firm. He is an expert on advanced and emerging economies and a regular commentator on financial and macro-political developments.