State Reserve Bureau

The State Reserve Bureau also known as State Bureau of Material Reserve was part of the National Development and Reform Commission of the government of China. In 2018, it was re-organized into the newly-created National Food and Strategic Reserves Administration.^[1]^[2]^: 218

The bureau was responsible for managing strategic material reserves such as copper, iron, etc. and managing funds, assets, infrastructure, etc. It also manages trading in material reserves such as metals.

In 2005, it released 80,000 tonnes of copper into the global market amid rapidly rising copper prices.^[2]^: 218

The bureau gained attention within the press in 2005 when a rogue trader vanished for some time as part of the State Reserves Bureau copper scandal.^[3]

References

^ "China tries to improve running of strategic food and energy reserves". South China Morning Post. 2018-03-16. Retrieved 2019-06-26.
^ ^a ^b Massot, Pascale (2024). China's Vulnerability Paradox: How the World's Largest Consumer Transformed Global Commodity Markets. New York, NY, United States of America: Oxford University Press. ISBN 978-0-19-777140-2.
^ Forbes Magazine [1]^{[dead link‍]}

External links

Official website [2]

[1] "China tries to improve running of strategic food and energy reserves". South China Morning Post. 2018-03-16. Retrieved 2019-06-26.

[:0-2] Massot, Pascale (2024). China's Vulnerability Paradox: How the World's Largest Consumer Transformed Global Commodity Markets. New York, NY, United States of America: Oxford University Press. ISBN 978-0-19-777140-2.

[3] Forbes Magazine [1]^{[dead link‍]}

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