China’s Expanding Heavy Equipment Market Could Determine Future Leaders of the Industry

Photo Credit: Wikipedia/Sebastien Poncet

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


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