Internationalism No. 85, March 2026 Page 9 From the series Major industrial groups in China Analysing the WTO data for 2023, it emerges that China exported goods worth $3,379 billion, surpassing the European Union and the United States. Industrial machinery accounted for over 7% of exports and electrical machinery 9%. In the same sectors, Chinese imports did not reach 40% of the value of exports, indicating that these are among the pillars of Beijing’s export economy. Sany Heavy Industry In this newspaper we have already examined the Chinese mechanical engineering giant Sinomach. But in the field of machine construction, Sany Heavy Industry also holds a prominent position, particularly in excavators, cranes, industrial elevators, and cement machinery. The company, based in Changsha (Hunan) since 1991, was founded by Liang Wengen, who had previously been an executive at a State-owned arms factory, and is its main shareholder. Sany had a 2023 turnover...