types of onshore commodity futures contracts without registering a Chinese entity, and will continuously improve the relate
d rules, Lu Dongsheng, an official with the China Securities Regulatory Commission, told a forum on Tuesday
Lu also announced other measures to develop China’s commodity fut
ures market, such as accelerating the launch of ricThe Shanghai Futures Exchange will open
up its nonferrous metals futures contracts to foreign investors, Jiang Yan, Party secretary of the exchange, said at the s
ame forum. The bourGuo Shuqing, head of the China Banking and Insurance Regulatory Commissiose will also list a n
ew type of futures contract, TSR20 Rubber, which will be available to both domestic and foreign investors, he sai
d.Lu also announced other measures to develop China’s commodity futures market, such as accelerating the launch of
de has made various remarks about trade negotiations, with some saying the agreement w
ill come out soon while others saying it’s still difficult to reach an agreement, from time to time.
China’s position has been consistent, Lu said. “The trade frictions should be resolved through friendly con
sultations and negotiations, which must be based on mutual respect, equality and mutual benefit,” he added.
SOUTHAMPTON, England – Nigel Farage’s Brexit Party was se
t to storm to victory in a European election, riding a wave of anger at the failure of Prime Min
ister Theresa May to take the United Kingdom out of the European Union, early results showed.
The country’s two main parties, May’s Conservatives and the opposition Labour Party, hemorrhaged support while sm
aller pro-EU parties did well: the Liberal Democrats were in second place, according to a BBC projection.