Prices of natural rubber tire companies do not slow down the pace of expansion in China. Post reporters yesterday from the world's fifth-largest tire manufacturer - Pirelli tire company learned that the company will continue to increase investment in China, the next three years, Pirelli plant capacity in China will double the current basis.

    Then, put into operation in 2005, Pirelli will Yanzhou factory output in China in the global share of 10%. "As consumers tire of the high-end luxury cars and the growing demand, we expect the performance in the Asian region this year, there will be a 20% growth." Pirelli's Asia Pacific CEO Tony White said.

    As of the end of 2010, Pirelli Asia Pacific accounted for 6% of global business, sales in China in the Asia Pacific region contributed 53%.

    Pirelli is expected to achieve average annual 2011-2013 growth rate of 8%, to 2013 per annum pre-tax profit margin increased to 10.5% and 11.5%. 2015, 57% of sales are expected such as China and other rapidly developing economies.