Beijing has grown increasingly concerned in recent weeks that a surge in raw materials costs could threaten the nation’s economic recovery. Photo: AFP Beijing has grown increasingly concerned in recent weeks that a surge in raw materials costs could threaten the nation’s economic recovery. Photo: AFP
Beijing has grown increasingly concerned in recent weeks that a surge in raw materials costs could threaten the nation’s economic recovery. Photo: AFP
Commodities

China warns metal industry of ‘zero tolerance’ for speculation as commodity prices soar

  • The powerful National Development and Reform Commission has told key players in the metal industry it is cracking down on illegal activity
  • At a meeting on Sunday, companies were told they must take the lead in maintaining ‘orderly prices’ for commodities that hit record highs early this month

Topic |   Commodities
Beijing has grown increasingly concerned in recent weeks that a surge in raw materials costs could threaten the nation’s economic recovery. Photo: AFP Beijing has grown increasingly concerned in recent weeks that a surge in raw materials costs could threaten the nation’s economic recovery. Photo: AFP
Beijing has grown increasingly concerned in recent weeks that a surge in raw materials costs could threaten the nation’s economic recovery. Photo: AFP
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