Fig33 Cimcorp

Analysis: Chinese tire manufacturers ‘stirred not shaken’

Commentators on the Chinese tire market remain surprisingly upbeat, in view of the negative developments of the past year.

Confidence in the Chinese tire market remains unshaken by the negative developments of the past year, including swingeing tariffs on exports to the US and the steep hike in costs threatened by the Beijing government’s introduction of a new standard for compound rubber.

However, the squeeze on exports to the US and other countries combined with loss of competitiveness, particularly at the lower end of the market could…

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