Re China's planned infrastructure spend - presumably out of its large FX holdings? - this will take some time to amp up one would think, unless these have already been on the drawing board for some time.
The planning required to get major infrastructure projects started is enormous without then factoring the additional time taken for that to flow through into bulk commodity purchases.
I think the infrastructure spend will help us, but this could well be two years at a minimum before we start seeing any benefit.
BUSH
WSA Price at posting:
$2.90 Sentiment: None Disclosure: Not Held
