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Belt and Road cements Sany among big 3 in construction machinery

Market capitalization catching up with second-ranked Komatsu

Sany sees China's Belt and Road initiative as a key to overseas expansion.

TOKYO -- Boosted by strong sales at home, Chinese construction machinery manufacturer Sany Heavy Industry is now hungry for growth abroad, riding the coattails of Beijing's Belt and Road infrastructure-building initiative.

This is expected to solidify Sany's status as one of the big three in its industry, alongside Caterpillar and Komatsu. In the July-September quarter, it was the only member of the trio to log sales and profit growth.

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