Bad news: China's rubber output in April was up by only 17%
ERJ staff report (DS)
Beijing - Despite growth of 17.1 percent in the value of rubber goods made in China in April; the growth rate is diminshed compared to 21.4 percent growth recorded a year ago. In the first four months, the decline was even sharper; falling to 18.7 percent growth compared to 25.8 percent growth in the first four months of 2011.
Total value in April was yuan 62.8 billion and in the first four months was yuan 226.5 billion. In the first four months, tyre productionwas valued at yuan 145 billion, around 64 percent of the total
Further details are available from the report on the CRIA website
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News story from CRIA (Chinese language)
Above story auto-translated (from Chinese language)
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