China Seeks Preferential Trade Regime for Investing in India

CHANDIGARH, India – In order to consolidate its 80 million plus annual production the vast Chinese bicycle and e-bike industry is looking for new markets. India is regarded as potentially interesting as the country is switching to premium bicycles as well as e-bikes. For an investment cooperation China seeks a preferential trade regime, as became evident at the Asia Bicycle Alliance Conference which took place December 8 and 9 in India.