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Tuesday, 3 January 2012, 16:00 HKT/SGT
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Source: HKTDC
Caterpillar Chief Sees 10% Rise for China Construction
Company's Group President Richard Lavin to Speak at AFF 2012

HONG KONG, Jan 3, 2012 - (ACN Newswire) - China's construction industry will grow 10 per cent in 2012, according to Richard Lavin, Group President of the heavy industry giant from the United States.

Speaking ahead of the 16-17 January Asian Financial Forum 2012, Mr Lavin also said he expects the Chinese mainland's currency to strengthen against the US dollar, adding that growth of the renminbi-denominated "dim sum" bond market in Hong Kong "can only increase."

Watch the HKTDC video here: http://youtu.be/x-6ki0fDiIc

Mr Lavin will speak at this month's fifth Asian Financial Forum (AFF), organised by the Hong Kong SAR Government and the Hong Kong Trade Development Council (HKTDC). This year's forum theme is "Asia: Driving Sustainable Growth." Participants will address growth opportunities and challenges in the Asia-Pacific region, and the mainland in particular. The main programme will focus on such issues as global investment prospects, China opportunities, Japan's reconstruction and green growth initiatives.

Forum Website: www.asianfinancialforum.com

Follow us on Twitter @AFF_HK

Contact:
HKTDC
Corporate Communication Department:
Joe Kainz
Tel: +852 2584 4216
Email: joe.kainz@hktdc.org


Topic: Press release summary
Source: HKTDC

Sectors: Trade Shows
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