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China won't limit value on foreign investments in crude oil futures

BEIJING
2015-12-11 10:37

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There won't be any limit on transaction value or volume of foreign investors in trading crude oil futures in China, an official said on Thursday. China is likely to launch crude oil futures trade in Shanghai in the future, said Guo Song, head of the capital account administration under the State Administration of Foreign Exchange. The two carbon emission exchanges that open to foreign investors do not limit the trade value, either, Guo added.

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