Leading Chinese tire manufacturers are accelerating efforts to localize production across emerging markets while consolidating domestic operations as escalating geopolitical tensions and new trade barriers begin to reshape the global trade layout. Amid increased tariffs, firms such as Shandong Linglong Tire, Shandong Yongsheng Rubber, and China National Tire & Rubber Co. Ltd. (CNTR) are recalibrating global strategies.
Highlights
• Linglong Tire’s new plants in Brazil, Kenya and Anhui in China
• Yongsheng Rubber to take advantage of Morocco’s FTA with West
• CNTR’s car tire facility to come up at Alexandria in Egypt