In a different sector, but this may be a 'canary in the mine' re state of China's economy :
https://in.reuters.com/article/asia-ironore/iron-ore-rebounds-as-falling-china-port-stocks-rekindle-supply-concerns-idINL4N2B314H?rpc=401&
Extract : .."The drop in port stockpiles mainly reflects steady demand, analysts said, as restocking by steel mills continued and business activities pick up steam in China after being disrupted by the epidemic.
“As construction restarts ramp up, we are likely going to see more than 80% (of) major infrastructure projects in full swing by end of March,” Singapore-based steel and iron ore data analytics company Tivlon Technologies wrote in a note. .."
Worth noting, not as much for the iron ore price moves, but for the underlying suggestion that China's economy may be bouncing back from the effects of coronavirus quicker than feared ...with positive implications for us all, both health and wealth-wise.
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