Anti-dumping policies push Hangzhou Zhongce towards overseas production

Shen Jin-Rong, chairman of Hangzhou Zhongce Rubber, has spoken out in opposition to anti-dumping measures against Chinese tyres undertaken by countries such as India, Brazil and Colombia. Chen declared that such measures “do not work” and announced Hangzhou Zhongce will establish a manufacturing facility outside of China “mainly in order to circumvent anti-dumping.” Thailand has been named as the location for this new plant; Hangzhou Zhongce says it will erect a factory on a 67 acre site there at an investment cost of RMB 1 billion (£102 million).

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