Michelin drives up investment, talks of possible joint ventures
By Li Fangfang | China Daily | Updated: 2011-05-24 07:53
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
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