China Still Important Manufacturing Base for Shimano

OSAKA, Japan – Last week Bike Europe reported “Shimano Downgrades Importance of China as Production Base.” This report was based on a statement made by the listed company in a recent trading update. It said that Shimano Inc. expects to generate extraordinary income this year with the return of land belonging to one of its Chinese plants. On that Bike Europe concluded that, due to EU's anti-dumping measures as well as the Trump Tariffs, Shimano reduced the importance of China as manufacturing base. This assumption is not correct, claims Shimano.