China set to help Kingdom’s bike industry pedal forward 

A brand new factory is emerging on a 20ha plot in Phnom Penh as part of a plan to shift production of millions of bicycles from China to Cambodia.

How fast it is completed, however, will depend on the meeting between Chinese President Xi Jinping and US President Donald Trump at the Group of 20 (G20) summit in Japan later this month, if it ever happens.

“If the meeting goes very well, they will go ahead at one pace,” said Arnold Kamler, chairman of US bicycle company Kent International Inc, as he explained the calculations made by his Chinese bicycle supplier Shanghai General Sports Co Ltd.

In full: https://www.phnompenhpost.com/business/china-set-help-kingdoms-bike-industry-pedal-forward

Related Stories

Latest News