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China considers letting foreign investors into futures market

May 25, 2017
in Business News, Latest Nigeria News
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China is actively considering the prospect of letting foreign investors to participate in futures

trading and allowing commercial banks take part in the treasury futures market, Vice Chairman of the China Securities Regulatory Commission Fang Xinghai said on Thursday.

The government is looking at possible futures markets for pulp, hogs, red dates and apples, but it will not allow innovation in the futures markets to bypass regulation, Fang told a conference in Shanghai.

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