Quotation of the Day: World’s Biggest Bike Maker Confronts Boom Times - The New York Times

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Tuesday, August 25, 2020

“They are willing to spend tens of thousands of euros to drink a bottle of red wine. Why do they think other people are willing to ride a $60 bicycle?”

BONNIE TU, chairwoman of the Taiwanese company Giant, on how her bicycle-making competitors in China seemed to believe their customers cared only about price, not quality.

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Labels: Quotes of the day

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