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Europe Daily Bulletin No. 7933

28 March 2001
Contents Publication in full By article 46 / 72
ECONOMIC INTERPENETRATION / (eu) tyres

France's MICHELIN is to put up $200 million to create a new joint-venture with China's foremost tyre manufacturer STRC - SHANGHAI TYRE AND RUBBER CORPORATION. The new company will be called SHANGHAI MICHELIN WARRIOR TIRE CO. MICHELIN will hold a 70% stake, the remainder being in the hands of its partner. It will manufacture "Warrior" brand tyres, for the Chinese market.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION