PSI was one of several companies associated with Weichai that featured products during the China International Import Expo Nov. 5 through Nov. 10 in Shanghai, China. PSI displayed its 6.0-liter V8 on-road gasoline engine and 3.4-liter turbocharged L4 on-road gasoline engines and increased brand awareness of its offerings for not only the transportation market, but also energy and industrial customers.
PSI received positive feedback from many of the visitors to its booth, demonstrating the strong demand for our products. Although trade tensions between the U.S. and China currently pose a challenge to our efforts, PSI and its customers believe existing tariffs are temporary and the market outlook is strong in the long-term, noted Aaron Zou, director of China sales and marketing.
The show, which was said to be China’s first import-focused event, reportedly led to a collectively $57.83 billion in deals for the thousands of exhibitors showing products in a variety of sectors.