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China’s May yellow goods sales surge 68% on year

China’s sales of excavators for both domestic and overseas customers for May had rose on year for the third successive month, up 68% on year, as end-users had been booking in anticipation of more construction projects in the coming months, according to the latest statistics from the China Construction Machinery Association (CCMA) on June 9. 
The excavator sales among China’s 25 producers amounted to 31,744 units for May, among which domestic sales accounted for 29,521 units or 93%, which went up by 76.3% on year though down 31.9% on month, and exports moved up 3.3% on year or 8.2% on month to 2,223 units, as

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