Singaporean calls it quits, shuts e-bike factory as policies evolve in China

Singaporean Ching Wai Won owns a factory in China producing electric bicycles, but rising costs and tariffs imposed by the United States and Europe are pushing him to relocate to Malaysia.
Singaporean businessman Ching Wai Won's e-bike factory, which employs 30 workers and makes 3,000 e-bikes a year for export, will be moving to Port Klang in Malaysia.
Singaporean businessman Ching Wai Won's e-bike factory, which employs 30 workers and makes 3,000 e-bikes a year for export, will be moving to Port Klang in Malaysia.ST PHOTO: CHONG KOH PING

Lower-end ops in big cities closing amid push to upgrade economy

After nearly 20 years of operating a small factory in the outskirts of Shanghai producing electric bicycles, a Singaporean businessman has decided to call it quits.

Mr Ching Wai Won, 68, owner of eZee Kinetic Technology, was told by the local authorities that his factory had been illegally built and was asked to close it.

TO READ THE FULL ARTICLE

Thank you for reading The Straits Times

You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.

What is Premium?

A version of this article appeared in the print edition of The Straits Times on October 15, 2018, with the headline 'E-bike factory exits as policies evolve in China'. Print Edition | Subscribe