UCMTF President: 2010 Interview
2010-01-01 00:00:00
China Textile 2010年4期
The industrial equipment sector is extremelycyclical and our companies have to adapt to majorinvestment phases like in 2006 and 2007 and tobrutal stops but no one could have expected such thesudden crash that began in the summer of 2008. In2009 our companies have seen their turnover go downby 30% on average with extreme as high as 50%.
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