Guizhou Tyre, based in the Southwestern part of China, which is investing in a new tyre site in neighbouring Vietnam.
Guizhou Tyres Build New Plant in Vietnam
Chinese tyre producers are increasingly expanding beyond their borders in the Far East as the cost of production is rising in mainland China. Tyre companies are scouting for new sites in the neighboring countries that provide cost advantage to their high-volume operations. An example is Guizhou Tyre, based in the Southwestern part of China, which is investing in a new tyre site in neighbouring Vietnam.
“We are putting-up a new plan...
Guizhou Tyres Build New Plant in Vietnam
Chinese tyre producers are increasingly expanding beyond their borders in the Far East as the cost of production is rising in mainland China. Tyre companies are scouting for new sites in the neighboring countries that provide cost advantage to their high-volume operations. An example is Guizhou Tyre, based in the Southwestern part of China, which is investing in a new tyre site in neighbouring Vietnam.
“We are putting-up a new plan...
