Photo by By Augusto Diniz/O Empreiteiro Bauma China, a large exhibition held on Nov. 27-30 in Shanghai, attracted more than 180,000 visitors from 141 countries. Photo by By Augusto Diniz/O Empreiteiro Zoomlion showcased a large mining shovel at the exhibition. Related Links: Chinese Heavy Equipment Digs In Globally Putzmeister, Schwing Become Chinese-Owned Companies China, which is now the world's largest market for heavy equipment, is slumping domestically but its machinery exports are expected to see 20% gains over 2011. Speaking at Bauma China, a large exhibition held on Nov. 27-30 in Shanghai, officials with China's Association of the Industry of
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.