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China wants to open its commodity markets to foreigners

Energy Futures | Elite Trader - www.elitetrader.com
"After years of building up locals-only markets for key products like grains in Dalian and metals in Shanghai, China wants to expand the kinds of investments permitted for foreigners. Exchange operators also plan to add futures contracts for key raw materials including hogs, apples, cotton yarn, pulp and urea fertilizer, as well as options on copper, corn and cotton. Despite bullish comments by officials, however, some question whether authorities have the appetite to truly open up."

 
Date: May 19, 2017   


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