Industrials Aug 19, 2020 06:43 AM (GMT+8) · EqualOcean
Sany and XCMG are equally matched generally. Specifically, Sany is growing faster, but XCMG is more stable. For instance, XCMG is building the real states, subways, infrastructure recently. Even if there is an effect from the overseas market, it may also show an increase. With the launch of The Fourteenth Five-Year Plan (十四五计划), China will try its best to develop Xuzhou, activating its economy. This will eventually benefit XCMG.
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