Hankook to move focus to China - report

ERJ staff report (DS)

Beijing - Hankook claims to be the leading tyre maker in the Chinese market, according to a long interview posted on the CRIA website

The interview quoted Li Bingzhen of Hankook Tire China saying the combined annual output of Hankook's first two plants in China -- Jiaxing, Zhejiang and Jiangsu Huai'an - is 30 million. A third pant in Chongqing will add a further 12 million units. IN addition to this local capacity, Hankook's operations in Korea can produce 40 million units annually.

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News story from CRIA (Chinese language)

Above story auto-translated (from Chinese language)