AnalysisShandong governer declares ‘support’ for tire restructuring

Shandong Governer Guo Shuqing (郭树清 ), declared regional ‘support’ for a series of industries including tires. This ‘support’ covers consolidation and restructuring to improve environmental responsibility, over-capacity and low-technology companies. Other industries targeted for similar ‘support’ include, “steel, coal, cement, nonferrous metals, ships, refining and other industries.” The statement was made at a regional meeting

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