FMG 1.20% $21.41 fortescue ltd

In the alst few weeks the Chinese seem to have changed course...

  1. 3,510 Posts.
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    In the alst few weeks the Chinese seem to have changed course with respect to stimulus/infrastructure projects and have made major announcements, apart from the Silk Road Project and the new China, Laos, Thai,Malaysia to Singapore Railway,

    Add to the that the change in regulations for the housing industry, it seems that they are keen to ensure that the economy does not falter and want to maintain growth.

    This bodes well for IO, noit just yet but towards the end of the year.

    It may just enough to soak up most of the oversupply and allow IO price to recover somewhat even if it gets back up to $65.0mt - $7.0mt
    China shifts stimulus focus from monetary to fiscal policy

    http://www.ft.com/intl/cms/s/0/3d7c9d06-c6eb-11e4-9e34-00144feab7de.html#axzz3VvnIufu6

    China to invest 1.6 trillion renminbi in infrastructure projects

    http://www.out-law.com/en/articles/...trillion-renminbi-in-infrastructure-projects/
    Is China Quietly Continuing Its Massive Economic Stimulus?

    http://www.voanews.com/content/is-c...ng-its-massive-economic-stimulus/2675524.html


    Sri Lanka to resume road infrastructure projects with China
    http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20150330000138&cid=1101

    Column 1
    0 China Woos Nepal With More Infrastructure, Hydro Projects

    http://www.outlookindia.com/news/ar...ith-More-Infrastructure-Hydro-Projects/888538

    Widodo invites Chinese firms to back infrastructure projects in Indonesia

    http://www.scmp.com/news/china/arti...-firms-back-infrastructure-projects-indonesia

    Russia Joins China's Asian Infrastructure Bank, But Doubts Its Power Against IMF

    http://www.forbes.com/sites/kenrapo...ucture-bank-but-doubts-its-power-against-imf/
    China ready to sign friendship treaties with all neighbours: Xi Jinping

    http://zeenews.india.com/news/world...s-with-all-neighbours-xi-jinping_1569118.html
 
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