China excavator sales rise 11.8% in October 2026

The split matters more than the headline: domestic and export growth are nearly identical, suggesting the pickup isn't driven by a single engine. That breadth is notable for construction-machinery suppliers and the commodity demand tied to infrastructure and building activity, since excavators are a real-economy gauge rather than a sentiment one. The open question is whether this pace holds into year-end, and whether loaders — growing more slowly than excavators — narrow the gap or confirm a narrower recovery.