02.05.2016 - Beijing's controls on speculative commodities trading are likely to increase
Investors will be looking at Beijing's efforts to rein in the latest outburst of speculative trading in Chinese commodity markets with a mixture of trepidation and dread. That's because the surge in speculative trading in China's commodity futures exchanges, and the vertiginous rise in prices, is worryingly reminiscent of the Chinese share market before the bubble burst in the middle of last year. In the past month, Chinese retail investors and fund managers have flocked to the country's commodity futures markets. On many days, trading in some commodity future contracts, such as iron ore, has been so large that it has topped the country's annual imports...............................................Full Article: Source
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