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Excavator sales by Chinese...............>

CHINA DATA
CHINA DATA: Excavator sales by Chinese construction machinery makers surged
101.3% on a year-on-year basis in the January-July period, with total sales of
82,725 units in the period higher than the 70,320 units sold in the whole of
2016, the China Daily reported on Thursday, citing statistics from the China
Construction Machinery Association. The report said excavator sales for the year
are expected to total 120,000. Out of the 82,725 units sold so far this year,
77,814 of the sales were domestic, while 4,884 excavators were sold overseas,
the report said. The report quoted Yin Xiaoli, the deputy secretary general of
the CCCMA, as saying that the robust growth was due to China's ongoing rail,
highway and airport projects in smaller cities, as well as its "One Belt, One
Road" infrastructure initiative along ancient trading routes. 

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