Power struggle: China’s new sharing tussle

China’s burgeoning mobile-charging companies attract derision – and plenty of capital. We take a closer look at the latest hot sector in the country's booming ‘sharing economy’.

Chinese entrepreneurs have earned a reputation for coming up with some of the most exciting technology companies in the world, from internet giants Alibaba and Tencent to taxi-hailing firm Didi Chuxing and all the way to new disruptors such as Mobike and Ofo, a pair of companies trying to shake up the otherwise staid bicycle industry in the country.

But innovation inspired by the sharing economy’ idea appears to be spreading to ever-more niche sectors. Rival power bank companies are providing phone charging on-the-go. Umbrella sharing is hitting the streets. A company in Zhejiang in eastern China is betting its future on users paying to share basketballs.

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