China’s commodities traders in Beijing’s crosshairs after driving up prices and putting economic recovery at risk

Source: China – South China Morning PostA newly formed special task force is on the hunt in China for unscrupulous traders who have been driving up the prices of commodities through speculative reselling, which hurts manufacturers and risks slowing the nation’s economic recovery.The action was touched on in a statement released on Wednesday following a regular meeting of the State Council, China’s cabinet, chaired by Premier Li Keqiang.“Our audits have found clues concerning violations of rules or laws, such as reselling commodities…Read More

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