China

China steps up war on poverty, though some still left behind

“The country is placing an unprecedented amount of effort on alleviating poverty,” Liu Yongfu, head of the government’s Leading Group of Poverty …

by · Sunday, 15 October 2017 · China, Turkey
Bicycles can boost Bangladesh’s exports

Bicycles can boost Bangladesh’s exports

Bicycles are the largest export of Bangladesh’s engineering sector, contributing about 12 percent of engineering exports. Credit: World Bank

This blog is part of a series exploring new sources of competitiveness in Bangladesh

Did you know that Bangladesh is the 2nd largest non-EU exporter of bicycles to the EU and the 8th largest exporter overall?

Bicycles are the largest export of Bangladesh’s engineering sector, contributing about 12 percent of engineering exports.
 
This performance is in large part due to the high anti-dumping duty imposed by the EU against China.
 
Recently, the EU Parliament and the Council agreed on EU Commission’s proposal on a new methodology for calculating anti-dumping on imports from countries with significant market distortions or pervasive state influence on the economy.
 
This decision could mean that the 48.5 percent anti-dumping duty for Chinese bicycles may not end in 2018 as originally intended. China is disputing the EU’s dumping rules at the World Trade Organization.
 
As the global bicycle market is expected to grow to $34.9 billion by 2022, Bangladesh has an opportunity to diversify its exports beyond readymade garments. Presently, Bangladesh is the 2nd largest non-EU exporter of bicycles to the EU and the 8th largest exporter overall.

EU27 bicycle imports in 2016 (Million $). Bangladesh is the 2nd largest non-EU exporter of bicycles to the EU and the 8th largest exporter overall. Source: UNComtrade through WITS

However, if the EU anti-dumping duty against China is reduced or lifted after 2018, Bangladesh’s price edge might be eroded.
 
Bangladeshi bicycle exporters estimate that without anti-dumping duties, Chinese bicycles could cost at least 10-20 percent less than Bangladeshi bicycles on European markets. And Chinese exporters can ship bicycles to the EU market with 35-50 percent shorter lead times.
 
So, how can Bangladeshi bicycles survive and grow?

by · Thursday, 12 October 2017 · Bangladesh, China

PH, China, Indonesia home to bulk of region’s urban poor

To address urban poverty, the World Bank recommended that governments across the region adopt the following measures: Connecting the urban …

by · Tuesday, 3 October 2017 · China, Indonesia, Philippines

Beyond bright lights and skyscrapers, how can East Asia and Pacific cities expand opportunities for all?

East Asia and Pacific Cities: Expanding Opportunities for the Poor

Cities in East Asia and the Pacific can be vibrant, exciting, and filled with opportunities. Yet we are always struck by their dichotomies: there are the bright lights, …

Beyond bright lights and skyscrapers, how can East Asia and Pacific cities expand opportunities for all?

East Asia and Pacific Cities: Expanding Opportunities for the Poor

Cities in East Asia and the Pacific can be vibrant, exciting, and filled with opportunities. Yet we are always struck by their dichotomies: there are the bright lights, …

Beyond bright lights and skyscrapers, how can East Asia and Pacific cities expand opportunities for all?

East Asia and Pacific Cities: Expanding Opportunities for the Poor

Cities in East Asia and the Pacific can be vibrant, exciting, and filled with opportunities. Yet we are always struck by their dichotomies: there are the bright lights, …

Beyond bright lights and skyscrapers, how can East Asia and Pacific cities expand opportunities for all?

East Asia and Pacific Cities: Expanding Opportunities for the Poor

Cities in East Asia and the Pacific can be vibrant, exciting, and filled with opportunities. Yet we are always struck by their dichotomies: there are the bright lights, …

Beyond bright lights and skyscrapers, how can East Asia and Pacific cities expand opportunities for all?

East Asia and Pacific Cities: Expanding Opportunities for the Poor

Cities in East Asia and the Pacific can be vibrant, exciting, and filled with opportunities. Yet we are always struck by their dichotomies: there are the bright lights, …

Beyond bright lights and skyscrapers, how can East Asia and Pacific cities expand opportunities for all?

East Asia and Pacific Cities: Expanding Opportunities for the Poor

Cities in East Asia and the Pacific can be vibrant, exciting, and filled with opportunities. Yet we are always struck by their dichotomies: there are the bright lights, …

Beyond bright lights and skyscrapers, how can East Asia and Pacific cities expand opportunities for all?

East Asia and Pacific Cities: Expanding Opportunities for the Poor

Cities in East Asia and the Pacific can be vibrant, exciting, and filled with opportunities. Yet we are always struck by their dichotomies: there are the bright lights, …