Iron Ore Soars As China Construction Gauge ‘Booms To Enhance The High’

Well, the headline numbers may have disappointed slightly to the downside in China's official PMI data (released earlier), but the construction sub-index soared to a three-year high. Here's the highly amusing, Google-translated quote from NBS' official website: Construction industry boom to enhance the high. With the continued investment in key areas, infrastructure investment continued to run high, this year the construction industry to maintain rapid growth in production, this month's busine