TOKYO — Major Japanese construction equipment manufacturers such as Komatsu and Hitachi Construction Machinery are turning China into an export hub for general-purpose products.
Faced with a shrinking Chinese market for hydraulic excavators and other equipment amid a slowdown in infrastructure investment, Japanese suppliers with local production facilities are reassessing their output and boosting exports. With China’s continued advantage as a production hub in terms of ease of parts procurement and labor costs, companies are looking to take advantage of the excess capacity.
