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The Coming Infrastructure Explosion: Part 1
I HAVEN’T READ every comment Xi Jinping has made since he became China’s president in 2013. But I feel very confident in venturing to say that not once has he referred to, much less tweeted about, “infrastructure week.” China and its leaders, as I’ve said before, are long-term oriented. They don’t do weeks.
Instead, China has made, and will be making for years, vast investments in infrastructure both within its own boundaries and, on an even greater scale, throughout the developing world via its Belt and Road Initiative (BRI). China’s infrastructure push is something every investor, and particularly every investor interested in gold, should care about a lot. Why? Because it will consume massive ...
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