China plans to expand access to futures markets for foreign companies
Almaty. May 28. KazTAG - China plans to give foreign investors greater access to its futures market, reported Reuters.
"China seeks to provide foreign investors with greater access to their futures market and to accelerate the launch of rubber futures, rice and fertilizer," - said a representative of the China Securities Regulatory Commission.
It is noted that China will encourage state-owned enterprises, private companies and institutional investors to invest in futures products.
Chairman of the Shanghai Futures Exchange Ziang Yan said that the standard rubber contract will become the second Shanghai commodity after crude oil, futures of which will be open for international investors.
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