China's big-equipment market should finally turn around in early 2013, says Caterpillar (CAT)...


China'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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Comments (2)
  • dividend_growth
    , contributor
    Comments (2895) | Send Message
     
    I still remember how CAT management went gaga after China announced its 125 plan.

     

    Well, things over there has gone downhills ever since.
    9 Sep 2012, 12:33 AM Reply Like
  • MexCom
    , contributor
    Comments (3073) | Send Message
     
    All this hype on China with only 2-1/2% of this company's sales. Its like staring at the pimple on the butt of a Playboy centerfold. How about more info on the top heavy stuff?
    9 Sep 2012, 11:09 AM Reply Like
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