Bicycle production rises again.

World Watch | September 1, 1994| | Copyright

Some 108 million bicycles were produced worldwide in 1993, outstripping global automobile output by a factor of three-to-one. Since the mid-1970s, the trend i world bicycle production has roughly paralleled that of China, which, as the largest producer, accounts for more than a third of the total. The resumed clim in global output since 1990 largely reflects China's recovery following a 1988 surplus that forced the bike industry to stockpile some 13 million bicycles and to scale back production for two years.

China's image as the Bicycle Kingdom suffered a jolt in 1993, ...

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