Digging for the economic results you want?
Yesterday, we noted a Caixin report:ย
Sales of Chinese-made excavators slow amid cooling infrastructure investment
From January through November, 25 Chinese manufacturers sold 215,538 units of the dirt-moving machines essential for large construction projects, according to dataย [in Chinese] released Tuesday by the China Construction Machinery Association, an industry group.
That represented a year-on-year increase of just 15 percent, well below the 48.4 percent growth over the same period last year and the 99.2 percent rise over the first 11 months of 2017.
Today, Bloomberg saysย (porous paywall):
China excavator sales suggest construction boom
Sales of construction equipment in China saw robust growth in November, suggesting that Beijingโs efforts to boost infrastructure investment amid a slowing economy might be taking effect.
Excavator sales from the countryโs 25 leading excavator manufacturers rose 21.7 percent last month from a year earlier, according to the China Construction Machinery Association, almost twice as fast as Octoberโs 11.5 percent increase. Heavy trucks sales were up 13.8 percent during the same period, about the same pace seen in October, the China Association of Automobile Manufacturers saidย [in Chinese].






