Index measuring construction activity in China in March hit its highest in over a decade | Forexlive

A snippet of info via Standard Bank Group:

• Recent data show the infrastructure boom may already be taking off
• An index measuring construction activity surged in March to its highest level in over a decade
• households are cautious about job and income prospects
• expect fixed investment in infrastructure growing 5-10% for the year
• in the first half of the year, there’s going to be strong growth in fixed-asset investment
• The government’s hope is that drives the recovery, and at some point they can hand over the baton to private business and consumption.

Justin posted China loans data yesterday, a positive:

• new yuan loans in Q1 hitting a record total of ¥10.6 trillion

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