China's investment in tyre capacity is studied

ERJ staff report (DS)

Dublin, Ireland -- China Research & Intelligence has published a new report titled, Research Report of Investment in China's Tire Industry, 2009 . The 80-page report was first published in March 2009 and is available for a price of around Euro 1300, depending on delivery options.

The publishers say, "China has been the big producing country of tire in the world, the yields and exports standing in the front ranks in the world. The center of global tire manufacture is shifting to Asian market led by China. In 2008, the yields of Chinese tire were about 0.35 billion, with a YOY growth of 6%. The yields of the meridian tire were 0.26 billion, with a YOY growth of 13%. The outbreaks of international financial crisis in 2008 stoke the tire industry, especially the contraction of automobile market in Europe and America. Chinese tire industry, massively depending on export, was influenced. The export volumes decreased sharply. "

ERJ has not seen this report and can make no comment on the quality of the research or of the conclusions.

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