Shanghai Futures Exchange Opens Doors to Foreign Investors in Move to Boost China's Influence in Global Metals Markets
Summary by Sada El Balad
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Shanghai Futures Exchange Opens Doors to Foreign Investors in Move to Boost China's Influence in Global Metals Markets
The Shanghai Futures Exchange (SHFE) announced on Tuesday 34 new regulatory proposals aimed at opening China's futures market to foreign investors and brokers, as part of efforts to support the internationalization of the Chinese currency (RMB) and enhance China's influence in global commodity pricing.
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