China’s H1 yellow good sales up 14% yoy, June sales ease

China’s sales of excavators and other heavy machinery over the first half of 2019 increased 14.2% on year to 137,207 units though the sales in June ebbed 20% on month, according to the latest statistics release by the China Construction Machinery Association (CCMA) on July 9.

“The rise in excavator sales in H1 was mainly because of China’s economic policy consistency, which has sustained the growths in the investments into infrastructure and property markets, and the higher eco-friendly requirements have also generated needs of upgrading,” a Shanghai-based market source said. For June only, the sales reached