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


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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