China further consolidated its leading position as the most important market for German plastics and rubber machinery in 2011. German exports rose by 30.5% to 66.4m, up more than 60% on the previous year. “That is a new record for China and at the same time the industry’s highest volume of exports ever to a single country, ” said Ulrich Reifenh? User, chairman of the VDMA, Germany’s plastics and rubber machinery association. East Asia as a whole recorded strong growth of 40.9%. Deliveries to the Republic of Korea again rose sharply (82.4%), ranking the country sixth among the most important markets in 2011. Orders from customers in Taiwan also showed an above-average increase of 33.4%. Source:www.prw.com
Source:
http://www.prw.com/subscriber/newscat2.html?cat=1&channel=300&id=677
