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China accused of illegal bike subsidies

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  • Started 13 years ago by steveo

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  1. steveo
    Member


    Europe’s bicycle manufacturers have accused their Chinese competitors of benefiting from illegal government subsidies, opening an acrimonious chapter in a long-running trade dispute.[i]

    Apparently Chinese bicycle manufacturers account for less than 4% of the EU market because the EU slaps a near 50% duty on them in response to the Chinese govt subsidies for bicycle manufacturers.

    Not sure who/when can see the FT behind its paywall but this is interesting.

    http://www.ft.com/cms/s/0/e5f1ddda-8327-11e1-9f9a-00144feab49a.html

    Posted 13 years ago #

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