China’s tyre exports are less affected by the Lunar New Year holiday
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In the first two months of 2024, China’s tyre export data was surprisingly good. In the past few years, the arrival of the Lunar New Year holiday has occasionally caused a significant drop in exports in one month compared to the previous year. For example, in January 2023, the number of tyre exports fell by 15.2 per cent year-on-year. In February 2022, the number of tyre exports fell by 15.6 per cent.
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