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Heavy-equipment maker Caterpillar is urging a stronger trade relationship between the U.S. and China on the heels of the Chinese president’s visit to the U.S.
The Peoria, Ill., company, the world’s largest maker of construction and mining equipment, said Friday it inked a memorandum of understanding as part of the U.S.-China Trade and Economic Forum that it hopes will support greater U.S. exports from Caterpillar in the future.
