Bike business
Taiwan's bicycle makers are doing good business this year, according to Jerry at Taiwan's best English-language newspaper. Bicycle exports to the EU rose by 11.76 percent the first half of this year, and export value increased by 27 percent during the same time period.
In addition, share prices have increased to around NT$90 for Giant and to just below NT$69 for Merida from below 70 and below 60 respectively (if memory serves), despite the fact that the stock market has taken a dive and lost over 2000 points, or around 20 percent, since Mr Ma took charge of the presidency on May 20. Wish I'd bought some Giant then...
Technorati tags: Taiwan, Taipei and biking in Taipei