A Forbes.com’s China Tracker blog reports on the battle for the Chinese construction equipment market and how companies who prosper in China will be future leaders of the equipment business worldwide.
The story reports that China’s heavy equipment market becoming the largest in the world, leading the way in demand for equipment such as wheel loaders growing 63% over 2000 and excavators growing 84%.
With such growth, China’s heavy equipment market has grown four times faster than China’s auto industry.
Source: Forbes.com
1 comments:
To maintain a polite and safe environment we are most likely to remove comments that contain:
- Advertisements or solicitations for products.
- Threats, harassment, obscene or sexually explicit language, or comments that are degrading to others on the basis of race, ethnicity, religion.
- Links to off-topic sites that are posted only to solicit traffic.
Comments that are deemed to be inappropriate will be deleted without notification.