A WeWork co-working space in Shanghai. Around one third of WeWork’s co-working spaces were vacant in October. Photo: Handout
Nicholas Spiro
Opinion

Opinion

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

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A WeWork co-working space in Shanghai. Around one third of WeWork’s co-working spaces were vacant in October. Photo: Handout
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Nicholas Spiro

Nicholas Spiro

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.