China’s excavator sales grew fastest since March 2019, driven by pick-up in infrastructure, replacement demand
China’s excavator sales grew fastest since March 2019, driven by pick-up in infrastructure, replacement demand

China’s excavator sales grew fastest since March 2019, driven by pick-up in infrastructure, replacement demand

 

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China's excavator sales maintained robust growth in May after hitting a record high in March, bolstered by a pick-up in infrastructure constructions and growing replacement demand due to tightening environment protection rules.

Chinese excavator makers sold a total of 31,700 of the machines in May, surging 68 per cent from a year earlier, according to data released by the China Construction Machinery Association. That marks the fastest growth pace since March 2019.

For a breakdown, excavator sales in China's domestic market surged 76.3 per cent to 29,521 units, while . . .

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