China to Spend 11.9B on Aviation Infrastructure

China is preparing to spend 77 Billion yuan, (US Eq. $11.9B),on aviation infrastructure this year.  This should be good news for infrastructure engineering giant, China Communications Construction Company, HK 1800, down 3.08% vs. Hang Seng .37% drop. (It’s Shanghai listing, SH 601800, declined .09% vs. the  CSI 300′s .14% rise.)  As mentioned in a previous post, this mammoth SOE disappointed in its first quarter contracts.

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