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"But now, things have changed. You need to climb to the top to be a winner. After five years of a quiet market, domestic as well as overseas demand is slowly pulling back this year. It poses a new challenge to XCMG."
"China has been one of the big funders of mining globally, including in Canada," said Spence. "If you look around the world, in the past few years, the real two big funders were China and private equity, while the traditional financiers-commercial banks-were out of the market, so China was seen as a big source of alternative finance."
"China has a huge population, and more and more Chinese love red wine. So I'm confident," he said.
"China is one of the most, if not the most, important markets for us. Even though cognac only accounts for a tiny fraction of the market here, the penetration rate is the highest," he said.
"Caterpillar was also developing new financial solutions for customers operating in emerging markets", Istas added.
来源：资阳报