3 Jan 2012
Caterpillar Chief Sees 10% Rise for China Construction
Company’s Group President Richard Lavin to Speak at AFF 2012
3 January 2012 – China's construction industry will grow 10 per cent in 2012, according to Richard Lavin, Group President of the heavy industry giant from the United States.
Speaking ahead of the 16-17 January Asian Financial Forum 2012, Mr Lavin also said he expects the Chinese mainland’s currency to strengthen against the US dollar, adding that growth of the renminbi-denominated "dim sum" bond market in Hong Kong "can only increase."
Mr Lavin will speak at this month’s fifth Asian Financial Forum (AFF), organised by the Hong Kong SAR Government and the Hong Kong Trade Development Council (HKTDC). This year’s forum theme is “Asia: Driving Sustainable Growth.” Participants will address growth opportunities and challenges in the Asia-Pacific region, and the mainland in particular. The main programme will focus on such issues as global investment prospects, China opportunities, Japan’s reconstruction and green growth initiatives.
Forum Website: http://www.asianfinancialforum.com/
Please contact the HKTDC's Corporate Communication Department:
Tel: (852) 2584 4216
About the HKTDC
A statutory body established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers. With more than 40 global offices, including 11 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and throughout Asia. The HKTDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and on the mainland, while providing information via trade publications, research reports and online. For more information, please visit: www.hktdc.com
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