| China’s government plans to spend more building up its commodity stock piles this year while taming its consumption of coal, part of a raft of policies to clean up highly-polluting industries while taking advantage of weak global resource prices.
The country’s Ministry of Finance said Thursday it would spend 154.6 billion yuan ($24.7 billion) this year to build up its reserves of grains, edible oils and what it termed “other materials.” That is a 33% rise on such spending compared with 2014, when stockpile-spending rose 22%...............................................Full Article: Source
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