US tariffs on Chinese exports of tires set to expire

25/09/2012 12:00 - 407 Views

New challenges

Meanwhile, Chinese tire makers are facing many other uncertainties including trade frictions with other countries and regions and new standards for tire exports to the EU.

On September 6, Brazil announced an anti-dumping probe into bicycle tire imports from China, following its anti-dumping probe into Chinese motorbike tire imports launched in June.

Colombia also launched an anti-dumping investigation into Chinese passenger car and truck tires in June.

Also, in November, the EU's new tire labeling system is set to take effect. All tires exported to the EU must be graded A to G according to their fuel efficiency, grip in the wet and rolling noise. Tires graded below G will not be allowed to enter the EU market.

The EU's new labeling system, which requires higher performance and energy-saving standards, is expected to put pressure on Chinese tire makers, whose products rate poorly in terms of environmental standards.

"China's development of green tires is at least five years behind developed countries," Fan Rende, chairman of the China Rubber Industry Association (CRIA), told the China Securities Journal on September 13.

"The new EU tire labeling poses both challenges and opportunities. Developing green tires will be the direction for Chinese tire makers who wish to compete in the global market," said a staff member at the Tire Branch of the CRIA who did not wish to be named.

08:34, September 24, 2012

By Song Shengxia

Source: Global Times