China’s Price-fixing Catalog for Review

From Economic Observer Online:

Chinese officials have been considering to review a catalog containing list of commodities placed under government-set pricing controls, the EO has learned.

Sources close to the National Development and Reform Commission (NRDC) said the Commission was evaluating whether to loosen price controls for certain commodities, possibly allowing prices to be set through market competition.

Market analysts said if the move materialized, it would be the first review in seven years, and they believed some products under the agriculture sector, such as fertilizer, might be granted price liberalization.

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