Asia’s largest tractor maker, Kubota Corp., expects machinery sales in China to slow this year as the market is becoming saturated, President Yasuo Masumoto said, according to a May 11 Bloomberg report.
Chinese sales of machinery such as tractors and combines may rise 29% to 51.6 billion yen ($557 million) in the year ending March 2011, Masumoto said at a news conference in Osaka, where the company is based. That compares with a 48% increase…
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