China Wants to Set Prices for the World's Commodities

  • There’s ‘chance of a lifetime’ to become global center: CSRC
  • China plans to open up crude, iron ore and rubber markets

How Much Does Sentiment Play Into Commodities Pullback?

China has put the world’s traditional financial centers on notice that it wants to develop its raw material markets as hubs for setting prices, seeking to marry the country’s commercial heft with a much greater say in determining how much commodities cost.

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