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China's big-equipment market should finally turn around in early 2013, says Caterpillar (CAT)...
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Saturday, September 8, 2012, 1:02 PM ETChina's big-equipment market should finally turn around in early 2013, says Caterpillar (CAT) President Richard Lavin, pointing to China's $150B in announced infrastructure investments and promising to compete harder there with in-country rivals as well as Japan's Komatsu. He gives the U.S. a bullish view as well; Europe, not so much.
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Well, things over there has gone downhills ever since.