• 11/29/2024

China’s bus operators seek new cash routes as subsidies dry up and commuters opt for cars, Didi or underground

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Public bus companies turn to fare increases, charter services and borrowing to stay afloat as local governments cut back on support and middle-class Chinese increasingly prefer more convenient forms of transport.

https://www.scmp.com/news/china/politics/article/3242076/chinas-bus-operators-seek-new-cash-routes-subsidies-dry-and-commuters-opt-cars-didi-or-underground?utm_source=rss_feed