ERJ staff report (DS)
Qingdao, China – China’s rubber industry faces seven challenges, according to a speech by Fan Rende, president of the China Rubber Industries Association, speaking at the CRIA’s annual meeting in Qingdao last week.
The key challenges are the need to restructure and consolidate tyre manufacturing capacity in China. It will be easier to build strong brands with a few larger tyre makers, rather than many smaller ones, said Fan.
Costs of energy, materials and other inputs have increased, leading to a reduction in efficiency…