CCMA: China's excavator sales drop 30% in December

Chinese sales of excavators to both domestic and overseas customers during December dropped by 29.8% on year to 16,869 units, according to the latest data released by the China Construction Machinery Association (CCMA) on January 11. Total sales were also lower by 28.8% from November.

The CCMA survey among the country's 26 major excavator producers showed their domestic sales last month totaled 6,151 units, plunging by 60.1% on year or 57.3% on month. Part of the reason for the drop last month was the fact that starting December 1, China's central government had banned both