Taiwan Companies Returning From China to Home Base

TAIPEI, Taiwan – Bicycle component manufacturer Glory Wheel Ent. and bicycle production machinery manufacturer Shuz Tung are two examples out of the bicycle industry of the total of 151 companies from a wide variety of sectors that applied for support at the Taiwan government to return their production from China.
Sales & Trends

Shimano Downgrades Importance of China as Production Base

OSAKA, Japan – Shimano Inc expects to generate extraordinary income this year with the return of land belonging to one of its Chinese (Kunshan and Tianjin) plants. This striking statement makes the world’s largest manufacturer of bicycle parts in its financial overview of the results achieved during the first nine months of the year. That Shimano is downgrading the importance of its operations in China is undoubtedly prompted by EU’s anti-dumping measures for both e-bikes and regular bicycles as well as the Trump Tariffs.
Sales & Trends