China will release its metal reserves to help curb fast-rising raw material prices. Photo: AP
China to release copper, aluminium and zinc to tame soaring commodity prices
- China last sold copper from its stockpiles in 2005 and released aluminium and zinc in 2010 to stabilise prices
- Beijing has become increasingly concerned about high commodity prices that could be passed on to small businesses
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China will release its metal reserves to help curb fast-rising raw material prices. Photo: AP
