138 Million Tires Produced in Jan and Feb. in China
www.chinatrucks.com: National Development and Reform Committee circulates a notice on March 28 that 138 million tires are produced in Jan and Feb, up 13.8%, and 66.54 million of which are radial tires, up 19.9%.
Sales of tires in domestic markets are growing slow due to the slow auto markets, and investment for tire industry were 68.7 billion Yuan, down 1.1%. The exports revenues for tire amounted to 1.32 billion USD in Jan and Feb, up 7.3%.
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