Equipment cost surge expected
By Ren Xiaojin and Zhong Nan | China Daily | Updated: 2017-09-12 08:02
Loaders rise 5-10 percent, other equipment may also climb rapidly
The cost of construction machinery may continue to rise, due to the surging price of materials and increasing demand from infrastructure projects, industrial analysts said.
In fact, they said, leading companies have already raised prices for loaders by 5 to 10 percent.
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