Chinese investment focus turns towards tyre sector: Yanchang/Duraturn set their sights on European assets

摘要

FIRST CHEMCHINA sent shockwaves through the tyre market by successfully purchasing Pirelli in 2015. This year another Chinese firm - this time tyremaker Qingdao Doublestar - made waves by offering an US$830 million bid for 42 per cent KumhoTire in mid-March. The obvious question is what is the next tyre-related investment to come out of China?