Chinese tire-makers chart fall-out of anti-dumping measures
Qingdao, China – China’s tire exports in 2015 fell by 4 percent in volume to 5.4 million tonnes and 16 percent in value to $13.7 billion (€12 billion), compared with a 13 percent rise in volume and a 2 percent rise in value in 2014.
The difference in volume and value change rates indicates a continued price war, said China Rubber Industry Association (CRIA) secretary general Xu Wenying during her speech at the 2016 China Rubber Conference in Qingdao this March.
In the US, factors such as the anti-dumping tariffs almost halved China’s passenger car tire export last year in both volume and value to 314,000 tonnes and $874 million. Truck and bus tire export to the US also decreased by 10 percent in volume to 590,000 tonnes and 21 percent in value to $1.5 billion.
The CRIA secretary general went on to voice concerns about possible anti-dumping measures in other global regions, including Europe, and explained how the association was working to address these issues.
Further analysis of secretary general Xu's comments will appear in the Friday Focus section of this newsletter and in the next issue of ERJ magazine.
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