China hoarding silver, price 10% higher than West. Secret weapon or economic warfare?

In 2023, China reportedly had a silver reserve of 71,000 metric tons, second only two the silver-producing powerhouse country of Peru, which boasted 98,000 MT in reserve. The U.S. came seventh on the list of top silver reserves, with a stockpile with 23,000 MT, behind Poland (65,000 MT), Russia (45,000 MT), Australia (27,000 MT) and Chile (26,000 MT).

Silver price in China as of today: 32.77 USD/Oz

https://www.jpost.com/business-and-innovation/precious-metals/article-815780