From the Guardian:
Even as China’s economy steams ahead, their earning potential is slowing down. Traffic volume has doubled in less than five years. On the average day, they are stuck in jams for at least three hours, when the meter clicks forward only 1 renminbi (7p) for every five minutes.
A limit on the number of licences and the absence of unions give Beijing’s 200 taxi companies an unfair advantage over their employees. The city’s 66,000 drivers must pay more than half of their fares to their bosses and another quarter on fuel and repairs.