[Inside China Business] Investor Alert: Caterpillar, Volvo sales under pressure by China’s push for self-sufficiency

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «Inside China Business» (@Inside_China_Business). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: The global market for heavy construction machinery and mining equipment will see strong growth through the next two decades. Over a billion people in Asia, Africa, and South America will move to cities, and huge new investments in mines are underway. But under China’s “Delete-America“ plans, foreign suppliers of raw materials, energy, and technology will be replaced by China’s domestic firms, wherever possible. China has dozens of high-quality manufacturers of heavy construction and mining equipment and tools, and a strong preference for those domestic suppliers is already evident in sales and earnings reports from Caterpillar and Volvo. CAT and Volvo are already seeing double-digit percentage declines in their sales to the parts of the world that will see the largest demand growth. Resources and links: International Energy Agency, Global Critical Minerals Outlook 2024: Market review Q2 2024 Caterpillar retail results Wall Street Journal, Caterpillar’s Earnings Beat Expectations, but Machinery Maker Cuts Sales Guidance Volvo CE Sales Drop 15% in Q2 Volvo CE deliveries, sales drop amid declining demand Wall Street Journal, China Intensifies Push to ‘Delete America’ From Its Technology Construction Equipment Market Size, Share & COVID-19 Impact Analysis, By Equipment Type, 30 September 2024 :// Mining Equipment Market report Equipment World, Caterpillar Construction Equipment Sales Rise 6% in North America Mining Global Market Report 2024 China’s heavy equipment market and segmentation analysis Closing scene, Danba, Sichuan