Author: | He, Pin |
Title: | Futures markets require standardizing (original in Chinese) |
Journal: | China National Conditions and Power Monthly (c)
1994 : 3, p.19-20 |
Index terms: | FUTURES MARKETS CHINA |
Language: | chi |
Abstract: | China's real futures markets started in 1992, when China first offered a standard futures contract. Up to 1993, there have been more than 30 domestic futures exchanges in China, among them, less than 10 exchanges held the standard contract. Quite a number of exchanges were supported by administrative power. The excessive interference leads to a people's neglect of economic law. |
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