AUD/USD, USD/CNH in focus as China fast-tracks infrastructure investment

China's National Development and Reform Commission is accelerating approvals for infrastructure and private investment projects, a development that supports AUD/USD and the broader China-proxy complex while capping USD/CNH upside. The push targets faster conversion of announced policy support into actual project starts, with explicit emphasis on computing power, power grid upgrades and telecom integration, confirming sustained state backing for AI and digital infrastructure buildout. Alongside steady service trade momentum in digital and high-value categories, Beijing appears to be leaning on both domestic investment and external demand to underpin second-half growth. For FX traders, front-loaded construction and grid spending typically feeds iron ore, copper and coal demand, a channel that historically lifts AUD/USD and NZD/USD. AUD/USD resistance sits near the 0.6600 handle with support around 0.6480; USD/CNH remains capped below 7.2000. The absence of headline stimulus figures limits the immediate impact, but a follow-through in fixed-asset investment prints would strengthen the case for commodity-currency outperformance versus the US dollar.