China says it’ll be further increasing its reserve capacities for key commodities | Forexlive
Comments from a China state reserves chief:
- China will further boost reserve capacities for key commodity stockplies
This will act as a tailwind, when the time comes, for commodities and also commodity supply currencies, such as AUD.
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Also an energy official:
- will greatly increase domestic energy supply capacity
- will increase risk controls in energy supplies, will establish an early warning system