Chinese commodity prices have started to decline from record highs after Beijing intervened in the market. Photo: Xinhua
China warned of excessive market intervention as commodity prices start to fall
- Commodity prices have started to decline from record highs after Beijing took steps to shore up domestic supply and tighten scrutiny of the market
- But Gao Shanwen, chief economist at Essence Securities, says the government should check its interventionist impulse as ‘fluctuation is part of the market’
Chinese commodity prices have started to decline from record highs after Beijing intervened in the market. Photo: Xinhua