ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

China is ready for its own, yuan-based oil benchmark

The Shanghai futures exchange is welcoming all parties wanting to break with U.S. dominance

(Original pictures by Reuters)
YUSHO CHO and TAKESHI KUMON, Nikkei staff writers | China

SHANGHAI/TOKYO China is almost ready for its next step toward full-fledged superpower status: launching crude oil futures trading.

Read Next

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more

By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our Cookie Policy to learn how you can update your cookie settings.

Accept & Continue Close