RECENT DEVELOPMENT IN THE CHINESE RUBBER INDUSTRY

By: W. Thainugul

Rubber Industry of China grew rapidly during the last decade. This is one of the major reasons behind the present high prices in NR market. The phenomenal growth in the Chinese Auto and Tire Industries has given rise to increased demand for natural rubber, increase personal income due to continual high growth in GDP, maintaining at above 8% per annum is behind these successes.

The writer has recently traveled to China and would like to share some of the information he has gathered during his trip.

 

 

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