“China is pumping trillions of yuan into infrastructure investment, stimulus that could benefit the world’s second-largest economy well beyond this year’s gloom of Covid lockdowns and property market turmoil.
Beijing is making 6.8 trillion yuan (about $1 trillion) of government funds available for construction projects, according to Bloomberg calculations based on official announcements. Total spending could be even higher than that — three times that amount, by some estimates — once bank lending and corporate funds are added.”
“Beijing hopes to put relationship with Australia 'back on track' ahead of Xi Jinping meeting with Anthony Albanese”
Some other recent media highlights. You can connect the dots.
HIO Price at posting:
9.6¢ Sentiment: Hold Disclosure: Held
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