Manufacturers of Construction machinery made in China Are About to Have Their Moment?
The Golden Days of the Past For many years, China has been the world’s largest consumer of Engineering vehicle equipment. Western companies once effortlessly sold their products to China. Many foreign manufacturers were convinced that “the good times would never end,” investing heavily in developing distribution networks in China and establishing production bases tailored specifically […]
Promoting Production Localization: Russia Sends Clear Signal to Importers
On May 26, Russian President Vladimir Putin held a meeting with business representatives. Yegor Gennadyevich Teplov-Barysha, Director and Board Member of the Russian Association of Importers and Manufacturers of Specialized Equipment, provided an interpretation of the current situation faced by specialized equipment importers following the meeting. The primary goal of the meeting was to send […]