I've been to China many times, even know state premier well...

I've been to China many times, even know state premier well (good friend). It is very hard to promote Australian iron ore at moment, because a few bad projects in the past.

2006/07 definitely spend massive on infrastructures. Now focus more on buying its own goods produced.

Yes, I suffer from myopia... that's why I sold out ROY and made very good profit, two years ago knowing IO will come down because China is slowing. If you know a good optometrist let me now, because I'm suffer from myopia.

Furthermore, Chinese government is very reluctant on investing overseas assets because of past experiences eg CITIC paid $400m for 1bt mag ore, Midwest etc.