ERJ staff report (DS)
Shandong, China -- Shandong Province in China is home to over 300 companies who make tyres. These include tyres for wheelbarrows, cycles and other low-tech products.
However, this large number of small tyre makers is ripe for consolidation, as they need to develop high technology, and the cost of developing such technology cannot easily be borne by a lot of small companies. A long report on the CRIA website says this consolidation has reached a critical stage.
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News story from CRIA (Chinese language)
Above story auto-translated (from Chinese language)