China's tyre industry to grow stronger

ERJ staff report (DS)

Qingdao - China's tyre industry is expected to grow stronger, according to a report on the CRIA website. Policies introduced since 2010 will improve the level of R&D; increase consolidation and improve quality, said the report.

The report notes that while international companies are active in restructuring the industry, merger and acquisition activity among local Chinese tyre makers is limited in comparison.

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News story from CRIA (Chinese language)

Above story auto-translated (from Chinese language)