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NEWS Former Mayor of New Orleans charged with corruption over contracts, some of which were for reconstruction work following Hurricane Kartina. BUSINESS NEWS CNH and Kobelco end their 10-year alliance, allowing both companies to now sell to all regions of the world. KHL.COM As well as having its own webpage, the new ICWEF conference is on Facebook, Linkedin and Twitter. INTERVIEW Winning in China is a crucial goal for Caterpillar and is a key focus for Ed Rapp, who took over a new role as head of Caterpillar’s Construction Industries division at the start of the year. ECONOMIC OUTLOOK The Chinese construction market is entering a period of slower growth, but infrastructure investments will still be huge. REGIONAL REPORT Despite a near two-year market downturn, equipment manufacturers in China continue to launch new machines. BAUMA PREVIEW April sees Munich play host to the biggest construction equipment exhibition in the world. COMPACT EQUIPMENT A flurry of new compact machines will be launched 2013, and while demand in developing countries may not be strong right now, manufacturers are keeping a close eye on their potential. DRILLING Increasing fuel efficiency and performance under extreme conditions are central to the latest drill rig designs, regardless of the target market. EQUIPMENT JCB has manufactured its 500,000th backhoe loader, 59 years after production started in Rocester, UK.