LiuGong builds a bigger global vision

Picking up foreign expertise while undertaking mergers and acquisitions are the way forward for China's pre-eminent construction machinery company, reports Li Yang in Liuzhou, Guangxi

Although few companies include their embarrassing experiences in their yearbook, LiuGong Machinery Co Ltd is happy to do so.

It took a half-century for the firm to develop from a city workshop in Guangxi to become one of the world's top 20 construction machinery makers.