December Tyre Production More than 20% Down in China

According to China’s National Bureau of Statistics, tyre production nationwide fell by 21.7 per cent year on year in December to 36.67 million units. This figure, disseminated by Dow Jones Newswire, present a strong contrast to the 14 per cent growth recorded in December 2007. Synthetic rubber production totalled 236,000 tons in December, up 26.7 per cent year on year.

During the year, tyre output amounted to 546.14 million units, up 6.7 per cent on the previous year, while synthetic rubber output totalled 2.38 million tons, up 9.2 per cent year on year.