State Reserve Bureau
Encyclopedia
The State Reserve Bureau also known as State Bureau of Material Reserve is part of the National Development and Reform Commission
of the government of China
.
The bureau is 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.
The bureau gained attention within the press in 2005 when a rougue trader vanished for some time as part of the State Reserves Bureau copper scandal
.
National Development and Reform Commission
The National Development and Reform Commission , formerly State Planning Commission and State Development Planning Commission, is a macroeconomic management agency under the Chinese State Council, which has broad administrative and planning control over the Chinese economy...
of the government of China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
.
The bureau is 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.
The bureau gained attention within the press in 2005 when a rougue trader vanished for some time as part of the State Reserves Bureau copper scandal
State Reserves Bureau copper scandal
The State Reserves Bureau Copper Scandal refers to a loss of approximately $200 million by a single trader for the State Reserve Bureau of China at the London Metal Exchange in 2005...
.