Why China’s construction equipment market won’t start to recover properly until 2025

Neil Gerrard Senior Editor, Construction Briefing

23 August 2023

China’s construction equipment market has yet to see any signs of recovering in 2023, after a slump in 2022.

And it could take until 2025 before the Chinese market starts to undergo a “good recovery” and even longer before unit sales return to levels last seen in the 2020-21 peak.

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