"The Chinese market is in an adjustment phase," says Bridgestone (BRDCF.PK) exec Maki Ohashi,...

|About: Bridgestone Corp. (BRDCF)|By:, SA News Editor

"The Chinese market is in an adjustment phase," says Bridgestone (BRDCF.PK) exec Maki Ohashi, expecting growth in tire sales to move in line with GDP growth (7.5-8%) rather than exceeding it as it's done in the past. Passenger-car sales in China fell 1.3% in Q1, the first decline since 2005.