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World's No. 1 bike tycoon passes his revolutionary torch to the next generation

Taiwan's Giant Manufacturing seeks rejuvenation amid stagnant growth and a rising challenge from China

Young Liu, left, will become Giant's chief executive on Jan. 1, with Bonnie Tu taking the chairman's seat. (Photo by Cheng Ting-Fang)

TAICHUNG, Taiwan -- King Liu, the 82-year-old founder and chairman of the world's largest bicycle maker, Giant Manufacturing, still bikes some 30 kilometers twice a week from his residence in downtown Taichung in central Taiwan to the company's headquarters in the coastal town of Dajia.

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