China has introduced measures to speed up infrastructure construction in a bid to support the economy during the coronavirus outbreak. Over January-February, new infrastructure projects totaling Yuan 25 trillion ($3.59 trillion) investment were approved in six Chinese provinces and in the Chongqing municipality. The high investment figure sparked a rally in futures and some physical prices on Monday, with the S&P Global Platts 62% Fe iron ore benchmark jumping $4.95/mt day on day to $88.85/mt CFR China.
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机译:中国引入了措施加速基础设施建设,以支持冠状病毒爆发期间的经济。 在1月至2月,新的基础设施项目总额25万亿美元(359万亿美元)投资于六个中国省和重庆市批准。 高投资人数引发了期货和周一的一些物理价格,S&P Global Platts 62%Fe Iron矿石基准,每天跳跃4.95 / MT日至88.85美元/吨CFR中国。
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