China’s economy getting dug out by strong excavator sales – South China Morning Post

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China’s 25 leading excavator makers sold 44,278 units in March, the highest monthly sales on record, according to data from the China Construction Machinery Association (CCMA). This was a 15.7 per cent increase on March 2018 and followed 68.7 per cent growth in February. Photo: Alamy

  • Sales of excavation equipment in China are booming, suggesting Beijing’s stimulus package is starting to filter into the economy
  • Sales of crane trucks jumped by more than 60 per cent in the first two months of 2019, according to the China Construction Machinery Association

Topic |  
China economy

Orange Wang


Orange Wang

 

Published: 8:45pm, 15 Apr, 2019

Updated: 10:24pm, 15 Apr, 2019

China’s 25 leading excavator makers sold 44,278 units in March, the highest monthly sales on record, according to data from the China Construction Machinery Association (CCMA). This was a 15.7 per cent increase on March 2018 and followed 68.7 per cent growth in February. Photo: Alamy

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