Chinese firm LiuGong is opening a new R&D facility next to its Liuzhou HQ in June: this huge investment is set to benefit the firm – and the construction industry as a whole. Vice president Dave Beatenbough explains.
Metso and CDE are setting up a partnership that will see the two firms offering a comprehensive range of solutions for the manufactured sand market in India. The deal has been agreed between Metso (India) and CDE Asia Limited and takes the form of marketing cooperation in order to provide comprehensive manufactured sand solutions to customers in India. Metso's scope covers the crushing and screening technology, and CDE Asia will provide the wet classification equipment required in the manufactured sand
At the end of 2008 and the start of 2009, the world's banking system spiralled into crisis, triggered by a series of catastrophic blunders caused by bankers trying to create money from nothing. The result was to plunge the world's economy rapidly into recession. Having proved in effect that lead cannot be turned into gold, the bankers retired on fat pensions leaving governments to pledge huge sums to the banks and fill in the financial gaps.
Chinese premier Li Keqiang and German chancellor Merkel recently witnessed a strategic agreement between XCMG and SAP Software. The two political leaders were present when XCMG chairman Wang Min and SAP Software vice president and managing director of Greater China Li Qiang signed a strategic cooperation agreement. This formed a major part of the signing ceremony for Sino-German Economic & Trade Cooperation Projects held at Shangri-La Hotel in Hefei, capital of east China's Anhui Province.
This year’s BICES exhibition in Beijing showcased much machinery destined for export to emergent countries that are taking advantage of China’s Belt and Road Initiative
