Bicycle Prices Free Fall, Manufacturers Want to Export to China
Jakarta, CNBC Indonesia – The bicycle boom has reached its peak and has resulted in a decline in demand entering the half of 2021. The Indonesian Bicycle Entrepreneurs Association (Apsindo) said there had been a decline in prices, especially for folding bicycles by 20-30% due to this condition. “The range (price) is down 20%-30%, that’s … Read more