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MNI BRIEF: China Will Stabilize Commodity Prices: Premier Li

BEIJING (MNI)

China's government will stabilize the supply and prices of commodities and any hoarding will be targeted, Chinese Premier Li Keqing said during a trip to Zhejiang on Monday.

The government will guide market expectations and support enterprises in coping with rising costs, Li said state news agency Xinhua reported as the comments were made public Tuesday. Beijing will also strive to prevent higher commodity prices from transforming into rising consumer good prices, Li added.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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