Chinese construction machinery has been affected by excess production but there is potential for market development opportunities in 2014.
Data from the excavator industry shows that the first quarter of 2014 has seen recovery, compared with 2013 and 2012. According to China Construction Machinery Association (CCMA), excavator sales for February hit 9,410, 55.3% above last year’s level. The leading domestic brands included Liugong, Sany, Sunward and XGMA while the leading foreign brands included Caterpi