Advertisement
New Zealand markets closed
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NZD/USD

    0.5961
    +0.0012 (+0.20%)
     
  • NZD/EUR

    0.5553
    +0.0013 (+0.24%)
     
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • OIL

    84.01
    +0.44 (+0.53%)
     
  • GOLD

    2,356.50
    +14.00 (+0.60%)
     
  • NASDAQ

    17,430.50
    -96.30 (-0.55%)
     
  • FTSE

    8,124.04
    +45.18 (+0.56%)
     
  • Dow Jones

    38,085.80
    -375.12 (-0.98%)
     
  • DAX

    18,010.23
    +92.95 (+0.52%)
     
  • Hang Seng

    17,646.74
    +362.20 (+2.10%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • NZD/JPY

    93.3810
    +0.8850 (+0.96%)
     

China's construction recovery pain

Heavy equipment makers like Caterpillar started the year optimistic that business would pick up in China. But as Tara Joseph reports, industry experts think there's more pain to come before a real recovery takes hold.