China to Open Iron-Ore Futures Market to Foreign Investors in May
China has taken another step to opening up its futures markets to the world, announcing that it will allow foreign investors to trade domestic iron-ore futures as of May 4.
The move follows the debut of China’s first yuan-denominated crude oil futures last month in Shanghai, signaling the country’s ambition to have a say on the global pricing of commodities.
- 1Veteran China Banker Warns of 'Belt and Road' Risks
- 2Update: China Records First Monthly Trade Deficit in 13 Months
- 3College Told to Suspend Executive MBA Course Over Lax Oversight
- 4China to Open Iron-Ore Futures Market to Foreign Investors in May
- 5After Outcry, Weibo Does U-Turn on Gay Content Ban
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas