Friday , July 23 2021
Home / South China Morning Post / China’s commodities traders in Beijing’s crosshairs after driving up prices and putting economic recovery at risk

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

Summary:
[unable to retrieve full-text content]A 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…

Topics:
Frank Tang considers the following as important:

This could be interesting, too:

Tyler Durden writes Republican Hawks Want To Increase Biden’s 2022 Military Budget By Billion

Tyler Durden writes Here We Go Again: Toyota Shutters Factory In Thailand Due To COVID ‘Delta’ Variant

Tyler Durden writes Montana Attorney General Provides Legal Basis For Rejecting Critical Race Theory: Activists

Tyler Durden writes UK’s Sending 2 Warships To Japan Infuriates China – Warns Against “Flexing Muscles”

[unable to retrieve full-text content]
A 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…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.