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Hardware


Caterpillar Chief Lavin: China construction to grow 10%

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3 Jan 2012
en
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Speaker: Richard Lavin, Group President of 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." Note: Mr Lavin was interviewed 19 December 2011 for this video released on 3 January 2012.

Industry: Hardware, Engineering Services, Finance & Investment
Region: North America, Hong Kong
Topic: Economic/Trade Issues, Hong Kong Advantage, Innovation/Idea/concept, China Domestic Market, Trade fair, Market Trends
Keyword: heavy equipment, manufacturer, Peoria Illinois, China property market, construction, GDP growth, RMB bond, Caterpillar, Financial, RMB-based financing, global currency, Asia-Pacific, coal-bed, methane-fired power plant, AFF

Related Links:
Asian Financial Forum
Caterpillar Inc website



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