http://www.reuters.com/article/2015/03/22/us-pirelli-chemchina-idUSKBN0MI0PQ20150322

Gee, Looking at this news thru rose colored glasses, maybe they'll learn how to build good tires. Ex. In the 1950s anything that came out of Japan was cheap & guaranteed to break soon, & yet a mere 10-15 years later they surprised everyone with the quality, design & ingenuity in the products that came to our shores. 

Thanks Mr. K

How long it will take China, is anyones best guess.

Mark