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"But slashing prices may also have a side effect: hurting its brand image," Xiang added.
"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 is an important market for many companies and they will likely want to maintain a presence there," said Khatiwada.
"China has witnessed magnificent changes since the government introduced the reform and opening-up policy 40 years ago. The internet, with its nature of openness and connection, has accompanied the development," Li said in an exclusive interview with China Daily website at the fifth World Internet Conference, which was held Nov 6-9.
"China firmly opposes the US action and urges it to immediately stop such provocation," he said, adding that China will continue to take necessary measures to safeguard its sovereignty and security.
来源：资阳报