News Headline Summary

China plans CNY 530bln railway investment next year, according to 21st Century Business Herald

Update details:

- China has been very active of late in providing various infrastructure stimulus which appears to be a more targeted fashion than using monetary policy from the central bank.
- The more China continues to announce these large size projects the less likely it seems we will get an near-term action on Chinese monetary policy from the PBOC.

Print 01:03, 15 Nov 2012 - Asian News - Source: 21st Century Business Herald