Peak bike-sharing in China?

From Samantha Culp‘s Instagram:

Compared to four months ago, I’m seeing many more of these signs (on private buildings/driveways) as cities try to manage the chaos of the bike-sharing boom

…it’s just that there are too many of the shared bikes (competing startups flush with investment flooded the market with supply), and because they don’t need to be parked in racks (due to QR code unlock), people leave them everywhere, blocking sidewalks, driveways, etc. If you google “bike sharing china problems” it will help contextualize.

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November 22 update: we spoke too soon! This Weibo post documenting the efforts of the Xiamen authorities from the 19th has been snaking its way through Weibo onto a forum/BBS then into WeChat and now onto Twitter:

陳禮奮: 资源共享变成资源浪费。[二哈][二哈] @看厦门 @新浪厦门 @影像厦门 ​​​​
(Chen Lifen: Resource sharing turned into resource waste.)

N.B. Full-size photos found from original post – click to view in their full glory!