Saturday, December 14, 2013

CLSA unearths the truth about made-in-China excavators





CLSA appear to have taken the expression "kick the tyres" to a new level in one of its recent research reports. China is the biggest market in the world for construction machinery. However, the market share of international players in this market declined from a combined 90 per cent pre-2008 to 50 per cent in 2011. Nevertheless, made-in-China excavators were believed to be inferior to those made overseas.









via Business feed http://www.scmp.com/business/article/1380078/clsa-unearths-truth-about-made-china-excavators

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