Chinese Bike Maker Skirts Anti-Dumping
GUANGZHOU, China – Guangzhou Peerless Bicycles Co.,Ltd has opened a factory in Malaysia to skirt anti-dumping and import duties for its export to
GUANGZHOU, China – Guangzhou Peerless Bicycles Co.,Ltd has opened a factory in Malaysia to skirt anti-dumping and import duties for its export to Europe. The company that also owns the Billaise Bicycle Company in Tianjin, North China, produces over 1 million bikes (of all categories including electric) annually.
Peerless states in a recent message to its customers that with the new Malaysia factory it is possible to lower its prices for bikes. “You can save many dollars per bike when importing from our Malaysia factory,” says the company that continues: “If you import our bikes based on price of FOB China, your import cost includes anti-dumping tax on China products to Europe: 48.5%-50%; import tax on China products in Europe: 12.5%-15%.
Save a Lot
If you import our bike base on price of FOB Malaysia, your import cost includes: anti-dumping tax on Malaysia products to Europe: 0%; import tax on Malaysia products in Europe is 10.5%. So you can consider all the factors together then you will find buying from our Malaysia factory will save a lot. You may find our FOB Malaysia price to you is much cheaper then FOB GuangzhouFOB Tianjin and FOB Shenzhen.”
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