The National Development and Reform Commission (NDRC), China’s state planner, is leading investigations into commodity price rises, a Chinese media outlet reported.
Additional takeaways
“China has plans to sell industrial metals from stockpiles to try to slow/cap price gains.“
“NDRC is sending teams in conjunction with market regulators out into provinces to further investigate issues.”
This article was originally published by Fxstreet.com. Read the original article here.