Heavy Truck Market:http://wheelx-ii.blogspot.com/
Modification China Dump Truck
The United States Heavy Truck Manufacturing Industry has been very fortunate because it has been able to sell heavy equipment and heavy trucks to China, which they have used to help build their great infrastructure. They have built over 25,000 miles of highways, floating airports, 10,000 miles worth of rail, the largest dam in the world, and they have some of the most modern cities with the most modern skyscrapers in the world.
There is a lot of construction going on in China, and the modern equipment they have purchased from United States companies, has provided a lot of jobs in many parts of our nation. Everyone is a winner!
However, the Chinese are very smart industrial capitalists, and whereas, that might sound funny because China is a communist nation, they often teach us a thing or two about free-market capitalism, and how it should really work. Due to the over regulation, the labor unions, and the excessive lawsuits that companies have to deal with in the United States, it's going to be hard to compete with China as they start building their own heavy trucks and equipment.
Modification China Dump Truck
According to Industry Week for instance; "China's Anhui Jianghuai Automobile Co said Sept. 29 it plans to set up a two billion yuan (US$292.8 million) joint venture with the truck unit of Caterpillar Inc. Jianghuai Automotive will also develop new products with NC2 Global LLC, a tie-up between Caterpillar and truck maker Navistar International Corp, the Chinese firm said," and meanwhile "China's biggest auto maker SAIC Motor and Iveco, Italian auto giant Fiat's truck and engine manufacturing unit, said they planned to expand their joint venture's product line."
Modification China Dump Truck
