Dongying regional export growth of 38% described as 'bearish'

ERJ staff report (DS)

Dongying, Shandong Province - Tyre exports from Dongying, Shandong in the period from January to April grew by 38 percent year on year to just over $ billion. The growth was described as 'bearish'.

A long report on the CRIA website said the Dongying area of Shandong Province is home to over 40 tyre makers and 20 supplier companies. The top tyre makers include Wanda; Xingyuan and Kim are among the biggest.

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News story from CRIA (Chinese language)

Above story auto-translated (from Chinese language)