Tuesday, June 18, 2019

'Made in China' era is over, says world's leading bike manufacturer

'Made in China' era is over, says world's leading bike manufacturer
"Giant Manufacturing Co. saw the writing on the wall early on.
The world’s biggest bicycle maker started moving production of U.S.-bound orders out of its China facilities to its home base in Taiwan as soon as it heard Donald Trump threaten tariff action in September.
When Trump announced the plan of 25% tariffs, we took it seriously,” Chairwoman Bonnie Tu said in an interview at Giant’s Taichung City headquarters in Taiwan.
“We started moving before he shut his mouth.”..."
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