Chinese stimulus has in the past been in infrastructure, buildings etc.
Since COVID the CCP has focussed stimulus more and more into high tech industries, namely; EVs, solar panels and batteries. Chinese solar panels alone dominate over 80% of global sales and growing.
None the less, Chinese imports of IO over the last 4 years have been record breaking, with last year importing a new record of 1.18 billion tonnes. The monthly figures this year show a fair chance of another new record.
Chinese exports of steel are growing. China can buy IO from South America and ship it back to South America as steel, so cheaply that steel mills in South America are closing.
Trump proposes stimulus to prop up USA industries that have tried to compete with China.
Ann: August 2022 Koolan Plant Fire BI Claim Finalised, page-22
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