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Article: CHINA'S ROAD ROLLER MARKET FLAGS BUT PROMISES BRIGHT FUTURE.
- Article from:
- AsiaPulse News
- Article date:
- August 29, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, Aug 26 Asia Pulse - China road roller market promises a bright prospect in the long run, despite its temporary flagging situation this year and the next, experts predicted.
The prediction seems to have buttressed the confidence of road roller producers, who have sustained great losses at present.
According to the road construction association of China, road roller market reached its peak in 2003, with total sales reaching 13027 units. But it began to fall starting from 2004, due to the state policies. The downward trend continued into the first half this year, when the sales dropped by at least 40%. Some people predicted that such situation ...