China’s Jan-July excavator sales up 14% on year
Aug 15, 2019 09:30
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China’s sales of excavators and other heavy machinery over January-July increased by 13.9% on year to 149,553 units, according to an August 13 release by the China Construction Machinery Association (CCMA), with July sales alone being higher by 11% on year at 12,346 units.
“Domestic yellow goods sales last month improved from May and June, though they still failed to compete with the strong performance in Q1,” a Beijing-based industrial analyst told Mysteel. “But the overall on-year increase during the first seven months indicated that investment into infrastructure would likely remain firm until year’s