Impact Of Chinese Slowdown On Caterpillar's Construction Equipment Revenues

Decrease in Chinese residential and commercial investment was bound to impact Caterpillar revenues, but prospects of growth in construction equipment are not entirely downbeat

Jan 12, 2016

China can no longer be considered as the flag bearer of global GDP growth. This is because its last recorded double-digit GDP growth rate was 10.4% and that was back in 2010. Since then, the Chinese economy growth rate has decelerated around 30% over five years to roughly 7%. The same has affected US multinationals like Caterpillar, which is heavily dependent on emerging market revenues to drive earnings growth.

(More on Impact of Chinese Slowdown...)

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