Friday Focus: China industry leader charts problems facing hard-hit tire sector

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’s secretary general Xu Wenying during her speech at the 2016 China Rubber Conference in Qingdao this March.

On the US front, factors such as the anti-dumping…

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