Bumpy road for China’s ride hailing drivers as economy slows

Shanghai driver Zhu Zhimin works 15 hours a day to earn the same money he was making only a few months ago working a regular shift, as he competes with an increasing number of Chinese rushing into the ride-hailing industry. China's weak post-pandemic recovery and record youth unemployment are sending more people into the ride-hailing sector, flooding the market and eroding the incomes of many of the 5.8 million drivers registered for such apps. About 400,000 people began driving for ride-hailing firms in China between the end of April and the end of July, state media said, citing Ministry of Transport data.