China Clamps down on Commodities Frenzy
China curbs excessive speculation in commodities on Monday after weeks of frenzied trading boosted prices and ignited fears of another bubble in its domestic markets.
China curbs excessive speculation in commodities on Monday after weeks of frenzied trading boosted prices and ignited fears of another bubble in its domestic markets.
China has a record-breaking stockpile of farm commodities that has been languishing in warehouses for years, declining in value.