China’S Bike Business Is Declining

2010-07-13T00:00:00

China’s exports of bicycles fell significantly in 2009, dropping by 18.4 percent to 46.47 million bicycles. By value, the decrease was 16.2 percent to $2.15 billion. The figures, from the National Tariff Bureau, show that average selling price rose by 2.7 percent to $46.30 as raw material and labor costs ...

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