China produces 430M tyres in H1 2012

The China Rubber Industry Association reports that 83.147 million tyres were produced in China during June 2012; this figure represents a 19 per cent year-on-year growth and an increase of 8.53 per cent over May 2012. During the first six months of 2012, China's tyre production reached 430.53 million units, a growth of 12.3 per cent over the first half of 2011.