The Small CAPS website is today flagging something that's been...

The Small CAPS website is today flagging something that's been on the horizon - an ever nearing horizon - for several months. Here's the situation

China has rolled out a yuan-denominated copper futures contract open to foreign traders — a move that is being seen as an attempt to prise open the London Metal Exchange’s (LME) domination of trading in the red metal.It is also a clear signal that China is pushing ahead with plans for full internationalisation of the yuan.The new futures contract began trading on Thursday (19 November).

The whole article is here
https://**promotion blocked**.com.au/china-first-step-control-world-copper-market/