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Korean excavator makers likely to enjoy another boom in China this year
Korean excavator makers likely to enjoy another boom in China this year
EconomyJan 24, 2021
South Korea's two excavator makers are expected to see a steady rise in their shipments to China this year thanks to a boom in the neighbor's construction market, according to industry watchers Sunday. "The Chinese government's policy to boost the economy is forecast to expand the volume of the civil engineering and construction market in 2021, which has an impact on the sales of excavators," said Kim Hong-gyun, an analyst at DB Financial Investment, in his recent report. Exports of