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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.

Also an energy official:

  • will greatly increase domestic energy supply capacity
  • will increase risk controls in energy supplies, will establish an early warning system