je.st
news
That sinking feeling: As China slows, so does Otis Elevator
2015-08-23 16:49:30| Industrial Machines - Topix.net
Otis elevator, which rose with China's strengthening economy, now faces declining revenue as the world's second-largest economy slows. Parent company United Technologies Corp. has said for years that increasing urbanization in China will be key to growth in elevator sales and maintenance as high-rise buildings soar in China's cities.
Tags: china
feeling
elevator
sinking
Category:Industrial Goods and Services
Latest from this category |
All news |
||||||||||||||||||||||
|
|
||||||||||||||||||||||