The impact of the special case on tires exported to the United States on the export of tires in China has become increasingly apparent. The import and export monitoring and early warning announced by the General Administration of Customs on January 14, 2010 shows that from January to November 2009, China exported 270 million tires, worth 6.9 billion yuan. The US dollar fell 7.4% and 8.5% respectively from the same period in 2008. In particular, exports in the two months of October and November have been significantly reduced.
From January to November of 2009, China exported 16.163 million tires and 49.95 million tires to the United States and the European Union, respectively, down 15.7% and 4.9%, both accounting for 41.3% of China's total tire exports. Since September 2009, the number of tires exported to the United States from the United States has been significantly reduced in the United States in October and November, with year-on-year decreases of 37.5% and 35.5%, respectively. In the overall warming of the trade, tire exports did not increase, but the "special security case" was a blow to my industry is self-evident.
"The 'Special Protection Case' not only affects the 12% capacity of China's tire industry, but also involves upstream raw materials such as synthetic rubber, carbon black and other raw material industries, resulting in a decrease in the operating rate of related companies and unemployment of workers." The relevant person in charge of the General Administration of Customs said, Tire exports to the United States are blocked, and there are about 30 tire companies in the country that have reduced or stopped production, and the employment of nearly 100,000 workers has been affected.
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