Merida Doubles Sales in China
Bicycle manufacturer Merida reports strong growth in its export from Taiwan to China. Merida's factories in Taiwan are running at full capacity since October. The company is also expanding the capacity of its factory in China from the current 50,000 units per month to 60,000 in the coming months. In the past months the avarage unit price of Merida bikes on the Chinese market increase by 13%.