China Wants Commodity Pricing Power—But Capital Controls Keep Its Exchanges Regional, Not Global

Beijing has launched yuan-denominated futures in crude, iron ore and gold, yet closed capital accounts and regulatory intervention history prevent INE and DCE from displacing WTI, Brent or LME as true global benchmarks.

ndtv-profit-business · 7/8/2026, 3:48:41 PM · Ask about this →