Iron ore price, page-9127

Good one RC. What I found interesting below is that there are many types of infrastructure such as urban services that is still considered under invested. This alone will ensure funds prioritised towards infrastructure for quite some time to come. 

https://www.ft.com/content/c272c1fc-0fee-11e9-a3aa-118c761d2745

....ING predicts Beijing will unleash a Rmb4tn fiscal stimulus this year, which will help cushion downward pressure on demand from the trade war with Washington. “Though some fiscal money will be used for debt repayment and loan rollovers, the rest will go into infrastructure projects, which will support manufacturing activities, even if the trade war continues to escalate,” said Iris Pang, the Dutch bank’s chief China economist....

...China will add 6,800km of rail lines this year, a 40 per cent increase from the amount added last year, the state-run China Railway Corp said. The plans include 3,200km of high-speed rail.The surge in project approvals is in dramatic contrast with the beginning of 2018, when Beijing abruptly cancelled subway lines in several cities to slow the growth of local government debt. ..

 ...“China has over-invested in industrial infrastructure, but I do not think it has over invested in infrastructure overall,” said Bo Zhuang, China economist at TS Lombard in Beijing. “It is under-invested in urban and consumption related infrastructure, urban metros, sanitisation, and anything to do with urban services”...