From Bloomberg:
Tire demand in China, the largestrubber consumer, is growing at a slower pace than last year as the nation’seconomic expansion is decelerating, said an executive at Bridgestone Corp.(5108), the biggest tiremaker.
“The Chinese market is in anadjustment phase,” Vice President Makio Ohashi said in an interviewyesterday. Growth in tire sales for trucks and buses, or half of the country’sdemand, may slow to near the rate of gross domestic product expansion [...]
