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Engineering Services

China construction to grow 10%

3 Jan 2012
en
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Speaker: Richard Lavin, Group President, Caterpillar

China's construction industry will grow 10% in 2012 says the Group President of US heavy industry giant Caterpillar. Speaking ahead of the Asian Financial Forum 2012, Richard Lavin also expects the Rmb to strengthen against the US dollar and says growth of the Rmb "dim sum" bond market in Hong Kong "can only increase".

Industry: Machinery, Building & Construction Services, Engineering Services
Region: North America, Worldwide, Hong Kong
Topic: Economic/Trade Issues, Seminars, Hong Kong Advantage, Investment, Market Trends
Keyword: Hong Kong Trade Development Council Asia US heavy equipment manufacturer Peoria Illinois China property market construction GDP growth RMB bond "dim sum" Caterpillar Financial RMB-based financing global currency Asia-Pacific India Indonesia Thailand coal-

Related Links:
• Asian Financial Forum



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