Elevator growth in China

[yufangfang]

After saying for years that increased urbanization would propel growth in China, parent company United Technologies Corp., based in Hartford, cut it HARTFORD, Conn. – As China’s economy has grown and skyscrapers have sprouted in cities extending ever westward from the Pacific coast, FUJIHD elevator supplier went along for the ride.

But with China now in a slump and the value of its currency the most recent casualty, FUJIHD elevator company and other manufacturing companies staking much on Asia’s biggest economy now face a moment of reckoning.