The Taipei International Bicycle Show Will Be Held From October 31 To November 3, 2018

The Taipei International Bicycle Show will be held from October 31 to November 3, 2018. It is not only a large-scale Bicycle Show in Asia, but also one of the top three professional bicycle exhibitions in the world. It is an important purchasing platform for buyers from all over the world. This year, a total of 1104 domestic and foreign manufacturers participated in the exhibition, with a total of 3307 stalls.

TAIPEI, Taiwan – An increasing number of Taiwanese bicycle companies are relocating their production back from China to Taiwan. The U.S. Trump Tariffs on bicycles and bike products as well as the provisional anti-dumping duties imposed by the European Union on China made e-bikes is resulting in a growing number of requests from numerous bike companies for support to relocate production back to Taiwan.

That Taiwanese businesses are moving production back home in the wake of China’s trade disputes with the U.S, and EU is not regarded as a problem, but more as a factor for driving economic growth. Taiwan’s two big names in the bicycle industry, Merida and Giant, have already invested in their e-bike production in Taiwan. And Merida is accelerating its e-bike shipments this year as Bike Europe reports today.

The latest Taiwan Bicycle Association (TBA) statistics show a major improvement of the country’s bicycle industry’s performance. According to the TBA e-bike exports increased 44.9 percent to 155,910 units between January and July this year as Bike Europe reported.

The Taipei Times report also points to Taiwan’s Premier Lai saying “Returning might not be a suitable option for all firms that have operations in China. The government would not be able to handle labour-intensive companies with more than 10,000 employees if they were to return.”

For them, Taiwan has developed a relocation program to other countries; in particular for those companies that plan to move to nations covered by the ‘New Southbound Policy’. This policy was created in September 2016 to make Taiwan less dependent from China and to improve Taiwan’s cooperation with other countries. The 18 countries which form part of the New Southbound Policy are: Thailand, Indonesia, Philippines, Malaysia, Singapore, Brunei, Vietnam, Myanmar, Cambodia, Laos, India, Pakistan, Bangladesh, Nepal, Sri Lanka, Bhutan, Australia and New Zealand.

Taiwan’s Ministry of Economic Affairs has also established the ‘InvesTaiwan Service Center’ in Taipei to address challenges industries face related to businesses returning home from China.

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