Caterpillar Inc. remains
confident about prospects for China's
economy over the next few years
despite a recent slowing as authorities there fight inflation, Richard Lavin, a group president of the world's largest maker of
construction and
mining equipment, said in an interview.
全球最大的建筑和采矿设备制造商卡特彼勒公司(Caterpillar Inc.)的集团总裁拉文(Richard Lavin)在接受记者采访时说,尽管中国经济增速因中国有关部门抗击通胀有所放缓,但卡特彼勒仍然对未来几年中国经济的前景充满信心。
Though demand for
construction equipment in China has fallen in recent months, 'we are optimistic about where our business is going in China over the next five years,' said Mr. Lavin, whose responsibilities include China, India and other high-growth markets.
Caterpillar found itself
unable to keep up with demand for excavators in China in recent years. Now, even though the
economy has slowed, the company is
proceeding with a
series of major investments to
expand its
capacity there in a
variety of areas.
China accounts for more than half of global demand for
construction equipment, Mr. Lavin said, and he expects the Chinese market to remain much larger than that of North America.
Caterpillar already has about a dozen manufacturing plants and 8,500 employees in China.