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The China Post
Taiwan aims to take lion's share of global high-end bicycle market
Taiwan is projected to capture 60 percent of the world's market for expensive bicycles by 2012, a 40 percent expansion within a five-year period, said the Ministry of Economic Affairs (MOEA) yesterday. At present Taiwan possessed about 25 percent of the global market for high-end bikes, selling 2.5 million of the 5.3 million total units exported worldwide, said Tseng Farn-hann, a senior official of the MOEA's Industrial Development Bureau (IDB). (01/05) ReadKeyword(s) : Senior
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