AnalysisIs Shandong Fenglun the first ‘zombie’ closure

Further to our report in the 12 Feb issue, it is now being suggested that Shandong Fenglun Tyre Co., Ltd (山东风轮轮胎) has become an early casualty of the Shandong government’s drive to close ‘zombie’ tire makers. On 12 Feb we reported that the company was involved in a dispute with a supplier of carbon black

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