XCMG to boost Brazil in­vest­ments

China Daily (USA) - - BUSINESS -

Chi­nese group XCMG, the fifth big­gest man­u­fac­turer of con­struc­tion ma­chin­ery in the world, in­tends to in­crease its pres­ence in Brazil, the com­pany’s Pres­i­den­tWangMin said on Tues­day. Wang said the com­pany was con­fi­dent that re­cent mea­sures taken by the Brazil­ian gov­ern­ment would en­sure safety for its in­vest­ments. “Brazil has a lot of po­ten­tial and the Brazil­ians

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