Managing The Dragon

In MTD’s recent article on the global IPO market, I noted that, every once in a while, you see a statistic, or read an article that takes you completely by surprise, causing you to scratch your head and ask yourself: “When and how did that happen?” That’s how I felt when I learned that China […]

MTD’s article on China’s construction equipment industry attracted interest from a number of quarters, including David Wolf at Silicon Hutong who wrote about it in his post, “The Real Question for China’s Construction Equipment Makers.” In summary, David raised several questions: • What happens when China’s construction boom ends? Which of the Chinese companies are […]

Without a doubt, China is the largest construction site in the world. Buildings, railroads, highways, airports, power plants, you name it, and China is building more of them than any other country. It’s no wonder then that China is becoming the largest market in the world for construction equipment. As in autos and most other […]

Last month, I suggested that because equipment such as excavators and wheel loaders are used in infrastructure projects, China’s construction machinery industry might be used to monitor the progress of China’s stimulus program. In China’s Construction Machinery Industry:A Benchmark For the Stimulus Program (Part I), I provided a brief industry overview and discussed some of […]

China’s construction machinery industry is an interesting one to study in some detail because it illustrates many of the trends in China that we have highlighted at various times on MTD and that I identified in my book, Managing the Dragon. Construction machinery is yet one more industry where China is leading the world in […]