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Article: US Caterpillar to expand investment in China
- Article from:
- Xinhua News Agency
- Article date:
- May 27, 2003
CopyrightCopyright 2003 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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US Caterpillar to expand investment in China
BEIJING, May 27 (Xinhua) -- Stuart Levernick, vice-president of
Caterpillar Co., Ltd of the United States, said on Tuesday that his
company is to expand investment in China.
At a workshop on Caterpillar's development in China, Levernick
listed three reasons for the company's decision to expand in China -
its great success in China in the past 20 years, China's huge demand
for infrastructure establishment, and China's entry to the World
Trade Organization.
Caterpillar will declare its investment project in China ahead of
schedule at the conference of the Declaration of World Economic
Development, ...