Tire rules may boost industry
By Li Fangfang | China Daily | Updated: 2010-10-13 08:08
BEIJING - New regulations on China's tiremakers could provide a boost for the industry, according to analysts.
"It will help to encourage mergers and acquisitions among medium and large tire companies," said Chen Aihua from Guosen Securities.
"That will improve the industry, making it healthier, more competitive, and sustainable."
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