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Michelin drives up investment, talks of possible joint ventures

By Li Fangfang | China Daily | Updated: 2011-05-24 07:53

Michelin drives up investment, talks of possible joint ventures

A tire factory in Jining, Shandong province. China's automobile industry has boomed in the past two years, making the country the largest vehicle market in the world with 18 million units total sales last year. The country has also been on the radar of multinational tire manufacturers as a future business engine. Keith Bedford / Bloomberg

French tiremaker hopes to further develop business, research in emerging markets

Michelin drives up investment, talks of possible joint ventures

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