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Komatsu’s sales in China sinking faster than expected

Cecilia Jamasmie | July 03, 2014 | 5:48 pm Asia China Europe 

Japanese Komatsu (OTCMKTS:KMTUY), the world’s No.2 mining and building equipment maker, has admitted that sales in China are declining faster than expected, mirroring rival Caterpillar (NYSE:CAT) in lower demand from Asia. The company’s sales were down 20% yer on year...

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