International manufacturers’ revenue in China down last year, says CRIA
According to the China Rubber Industry Association, the 43 major tyre companies belonging to the association’s Tyre Branch increased their production by an average of two per cent in 2012, producing a total of 325.5 million tyres, 287 million of which were radials. Sales revenue for the 43 companies was RMB 205.6 billion (£21.9 billion), a 0.3 per cent year-on-year increase.