China’s production of bikes in May increased by 44.6 per cent from a year earlier to 4.25 million units, according to the Ministry of Industry and Information Technology, after having increased 27.5 per cent in April. Photo: Sidney Leng.
China manufacturers struggling to keep up with surge in global bike demand amid coronavirus fears
- China exported 4.6 million bikes in May, up 11.4 per cent from a year earlier, reversing a decline of 19 per cent in April
- China’s production of bikes in May also increased by 44.6 per cent from a year earlier to 4.25 million units as consumers seek alternatives to public transport
Topic |
China economy
China’s production of bikes in May increased by 44.6 per cent from a year earlier to 4.25 million units, according to the Ministry of Industry and Information Technology, after having increased 27.5 per cent in April. Photo: Sidney Leng.