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Continued Urbanisation Counters Slowdown Argument

Continued Urbanisation Counters Slowdown Argument

The Breakfast Grille

March 18, 201425m 6s

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Show Notes

Patrick Blethon, President of South Asia Pacific , United Technologies Corp, Building & Industrial Systemsisn't worried about China's slowdown affecting business. Asian countries continue to see urbanisation at a rapid rate. This will drive demand for UTC's lifts, air-conditioners and security systems. The company's results have been good and no pick-up in bad debts, a reflection of economic health, has been seen. 

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