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Caterpillar (CAT +1.8%) execs see China as a must-win proposition, even as the firm faces...

  • Monday, August 15, 2011, 1:08 PM ET
    Caterpillar (CAT +1.8%) execs see China as a must-win proposition, even as the firm faces intense competition from Chinese rivals pulling out all the stops. CAT's biggest challenge has been keeping the supply chain moving fast enough to keep up with demand in a country that accounts for 9% of its annual revenues.
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    In 5-10 years they'll regret manufacturing in China.
    15 Aug 2011, 01:22 PM Reply Like
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