Bike Boom Nibbles on Asia Gasoline Demand Growth 1 234 567

Bike Boom Nibbles on Asia Gasoline Demand Growth

voanews.com

It is not quite going back to the horse, even if the bicycle was the first contraption to replace beasts as a means of personal transport.

This is a new two-wheeled animal, though, that millions of consumers in Beijing, Taipei, Singapore and cities across Asia are renting via phone apps to cover the last mile of journeys, leaving cars and motorcycles at home, and forgoing taxis.

The two-year bike-share boom has put over 16 million bikes in China alone, according to its Ministry of...

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