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Trade war means a rough road for Chinese bicycle manufacturers

China's Industrial Profits Fall In First 4 Months Of 2019

People work on the production line of electric bicycles at a company on May 26, 2019 in Huai'an, Jiangsu Province of China. Source: Visual China Group

US president Donald Trump is set to meet his Chinese counterpart Xi Jinping this week on the sidelines of the G-20 in Japan. The two are expected to try to reach an agreement to end the tit-for-tat trade tariffs which have been escalating in the past year. The bicycle industry is one of the most affected — 94 per cent of all pushbikes imported into the US are from China.


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Updated

By Katrina Yu

Presented by Bích Ngọc

Source: SBS



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US president Donald Trump is set to meet his Chinese counterpart Xi Jinping this week on the sidelines of the G-20 in Japan. The two are expected to try to reach an agreement to end the tit-for-tat trade tariffs which have been escalating in the past year. The bicycle industry is one of the most affected — 94 per cent of all pushbikes imported into the US are from China.



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