SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (5168)4/28/2004 1:03:47 PM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
CHINA WATCH: Derided In '90s, Derivatives Make Comeback

By J.R. Wu
A Dow Jones Newswires Column

SHANGHAI (Dow Jones)--Derivatives have a bad name in China.

ADVERTISEMENT


Blamed for speculative scandals in the early days of the country's modern financial markets, derivatives have been heavily restricted by regulators for nearly a decade.

But now, with nervous investors wondering if authorities will let interest rates and the yuan's value rise to cool an overheating economy, policy-makers are acknowledging the need to arm local financial institutions and companies with more means to protect themselves.

A recent series of moves allowing a comeback for derivatives, as China further opens its markets, represents some of Beijing's biggest market-policy decisions since the late paramount leader Deng Xiaoping launched market reforms more than a a decade ago.
sg.biz.yahoo.com