WeWork China will not participate in WeWork's strategic reorganisation

© Reuters. People are seen outside the building of Wework's co-working space during the National Day Golden Week holiday, in central Beijing, China October 2, 2018. Picture taken October 2, 2018. REUTERS/Stringer/File PhotoBEIJING - WeWork China will not participate in the strategic reorganisation of WeWork in the United States and Canada, it said on Tuesday.

WeWork China is not a branch or unit of WeWork, it said in a statement on WeChat, adding the company has independent operations and management capabilities.) Group-backed startup, sought U.S. bankruptcy protection on Monday, after its bets on companies using more of its office-sharing space soured. "Any operating conditions of WeWork in other regions around the world will not have any impact on WeWork China," it added.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.

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