Looks like more infrastructure stimulus has already been despatched...
https://thebull.com.au/chinas-annual-investment-growth-hits-record-low/
“Chinese authorities have responded quickly, however, with China Central Television (according to Bloomberg) today announcing that capital requirements for some infrastructure projects will be “improved to accelerate effective investment.” In fact, the minimum capital requirement for ports and shipping projects will be lowered by 5 per cent to 20 per cent. The 5 per cent cuts will also be extended to road, rail and ecological projects.”
Iron ore price, page-17469
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