Bicycle-makers ride high on surging oil prices

Cyclists ride in Taipei April 9, 2008. Giant Manufacturing, once an obscure contractor, now adds a new bike factory somewhere in the world every few years while working feverishly at its Taiwan base to meet rising demand for the body-building, gas-saving vehicles. Rising petrol prices, growing awareness of environmental issues and the popularity of cycling as a recreation sport has spurred a surge in demand for bicycles around the world and Taiwan, home of some of the world's biggest bike manufacturers, is reaping the profits. REUTERS/Pichi Chuang