TAIPEI, Taiwan – The start of the Free Trade Agreement between Taiwan and China which will become fully operational after Chinese New Year will grant Taiwan’s bicycle industry free access to the Chinese market. The big 3 Taiwanese bicycle manufacturers, Giant, Merida, and Ideal Bikes, are actively investing in the mainland market.
“Our future lies in China and one of our goals is to develop this rapidly expanding market”, said Tony Lo, CEO of Giant Global Group at the press conference hosted by the Taiwan External Trade Development Council (TAITRA) at last week’s Eurobike show. “The best platform to build up this emerging market is the Taipei Cycle Show which is taking place from March 7 – 10, 2012,” said Lo.
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