China's effort to help Russia economically cannot offset Western-led sanctions aimed at resisting its invasion of Ukraine, analysts assert. The lates
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What China keeps in its secretive commodity reserves
FILE PHOTO: An employee operates a crane to lift aluminium wires at a warehouse in Zouping county, Shandong province, China April 18, 2018. China Daily via REUTERS 05 Aug 2021 08:19AM (Updated: 05 Aug 2021 09:01AM)
For the first time in a decade, China has released some of its strategic metal stocks to try to dampen a price rally hurting manufacturers. It has also released coal and imported corn reserves to cool prices, while buying pork to prop up that market.
China is the world s largest user of commodities and has built up vast reserves. The following are details of key commodities and estimates and assessments of strategic reserve levels