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

|About: Caterpillar Inc. (CAT)|By:, SA News Editor

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.