UTC Chairman and CEO Louis R. Chênevert Interviewed in Institutional Investor

UTC Chairman and CEO Louis Chênevert was recently interviewed by Institutional Investor. 

Chênevert  discussed the company's focus on aerospace and building systems, as well as the importance of emerging markets:

I’m very optimistic about emerging markets.  China’s still the bright spot of Asia. It’s having 7-ish percent GDP growth, which I think is more sustainable. The big shift is in where the action is. For a long time the coastal area was booming, with places like Shanghai and Guangzhou growing in double digits. Now the coastal area is almost flat to maybe 2 percent GDP growth. The action is now central and west — places like Chengdu, like Chongqing.

You can read the entire article  here .

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