Last year, Caterpillar's sales growth was severely impacted from monetary tightening in China. High interest rates in the country during the first half of 2012 significantly lowered the company’s construction equipment sales. More recently, measures from the Chinese government to control rising real estate prices will further suppress sales of construction equipment and machinery in the country, and thereby impact Caterpillar.
Last year, Caterpillar's sales growth was severely impacted from monetary tightening in China. High interest rates in the country during the first half of 2012 significantly lowered the company’s construction equipment sales. More recently, measures from the Chinese government to control rising real estate prices will further suppress sales of construction equipment and machinery in the country, and thereby impact Caterpillar.
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