ERJ staff report (DS)
Beijing - A report on the difficulties facing China's tyre makers highlights the challenges faced by small and medium-sized companies. The report, on the CRIA website says slow global markets and high inventory levels are taking their toll.
Increasing technical requirement from overseas markets such as Europe combined with increasing costs of labour, energy and raw materials add to the burden. The long report quotes a series of tyre makers from the country.
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News story from CRIA (Chinese language)
Above story auto-translated (from Chinese language)