Good morning. China outspends everyone on infrastructure spending

http://www.bloomberg.com/news/articles/2016-06-15/china-spends-more-on-infrastructure-than-the-u-s-and-europe-combined

How it grew over time…

http://www.economist.com/blogs/graphicdetail/2016/06/daily-chart-12

The collection of ‘Best of’ of last week

https://lukasdaalder.com/2016/06/17/best-in-economics-this-week-june-17/

ECB sticks to the gospel (no surprise there)

http://www.brookings.edu/blogs/up-front/posts/2016/06/16-are-negative-rates-a-calamitous-misadventure-ecb-economists-say-no

And…. the schedule for the week to come (although the most important event, Brexit, is missing here)

http://www.calculatedriskblog.com/2016/06/schedule-for-week-of-june-19-2016.html

A complete overview of all previous editions of Best of the Web can be found herehttp://tinyurl.com/c8ge4c5. All links provided are collected from public websites, unless otherwise specified. I have not checked the data or information for accuracy used, and therefore do not guarantee that all data provided will be 100% correct. The links provided do not necessarily reflect my personal opinion and should be seen as general interest: oftentimes I do not agree with arguments presented, but nevertheless think it is worthwhile to read them. It is up to the reader to make up their own mind. Suggestions or discussions are more than welcome. Do not quote unless specifically cleared beforehand!