Chinese tire makers get smart

Article from the annual ERJ China Tire Report 2016, published as a supplement in the July/August issue of European Rubber Journal magazine:

China’s tire sector is at a critical juncture. In 2015 major tire makers in the country had a 14-percent drop in revenue, a 23-percent drop in profit and a 16-percent drop in export delivery value – a level of decline unseen over the past three decades. The worldwide economic slowdown, China’s shrinking demographic dividend and the ongoing US anti-dumping investigation are adding to the dire…

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