China Equipment Makers Look to US: Bloomberg

Revenue growth as high as 54 percent
Dec. 5, 2022
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Backlogs among U.S. manufacturers of construction equipment and economic problems at home are motivating China’s manufacturers such as SANY to export more into the United States, according to an opinion piece on Bloomberg.com.

The article cites increases in revenue among Chinese companies as high as 54 percent as evidence that U.S. equipment fleets provide an opportunity for market share gains at the expense of U.S. firms such as Caterpillar.

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Source: Bloomberg

About the Author

Rod Sutton

Sutton served as the editorial lead of Construction Equipment from 2001 through 2025. 

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