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15 Jan
10:25

China’s transport infrastructure investment set to boom

China’s investment in transport infrastructure is set to see another sharp increase over 2016-2020, especially if provincial plans for the five-year period are to be believed. The increase should bolster steel demand even as it declines in other sectors but questions still remain as to funding, Kallanish notes. Planned spending over the Thirteenth Five-Year plan period is set to reach the trillions, according to a report in the Shanghai Securities Journal.…
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