ERJ staff report (BC)
Revenue of the tire manufacturing industry in China is expected to total $79.3 billion in 2012, up 20.7percent for the year, according to IBISWorld’s new research report â€œTire Manufacturing in Chinaâ€.
Revenue growth at an average annualised rate of 24.1percent is attributed to the development of China’s automobile manufacturing industry, along with increased automobile ownership in China.
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