FMG 0.26% $19.55 fortescue ltd

From brokers and commentators alike. The new maifesto from china...

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    From brokers and commentators alike.
    The new maifesto from china today drew this response from
    Alan kohelor.

    'The reason this is important for Australia is that there will have to be a massive new wave of investment in infrastructure in smaller cities to service all of the people, rather than just those who are registered to be

    ANZ Bank’s chief China economist, Li-Gang Liu says that in addition to housing and transport, there will be an investment boom in public schools, hospitals and other public services in China’s Tier 2, 3 and 4 cities.

    And the opposite from houses and holes

    'We’ve seen this all before but this time it does look serious. Any successful implementation will definitely cut demand for iron ore and concentrate buying power in fewer Chinese hands as well. On balance I also thought the broader reform package was iron ore neutral to negative depending upon implementation.'

    She likes tomato I like tomat'o lol
 
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