Van cough cough
who is the guilty person who has de-industrialised the West?
I think you’ll find it’s all of us who buy foreign cars, toasters, washing machines, TVs, bikes, motorbikes, mobile phones blah blah. We buy foreign stuff becasue we want the choice (and maybe better stuff than the UK/Western industries supply).
All the time we want more for less, Manufacturers are being forced to look elsewhere for cheaper ways of producing stuff, and that means (in many cases) that manufacturing goes overseas, followed by the support industry that goes with it.
It’s our own fault!
So, the answer to this is to not look at Western governments, but our own buying habits and do what the Far East people encourages, and buy locally produced goods. Import taxation can help here, but that won’t change our views, only what we can afford.
And the answer to the OP – yes, bike industry is taking the pee. But it charges what it thinks we will collectively pay. If we all refuse to pay that price, the prices will (over time) come down – after all, they can’t sell a 2010 frame for 2011 prices because no one will pay that – they need to see that no one will pay 2011 prices for a 2011 frame either.