Home China’s SAFE makes fresh move against copper financing China’s copper traders are scrambling to understand a new notice from China’s foreign exchange regulator that may lead to tougher policing of the copper financing business. The State Administration of Foreign Exchange vowed to step up scrutiny of trade finance using foreign currency, and warned of tougher penalties for banks lending to companies with “fictitious” credentials.... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Metal NM December 09, 2013 05:02 GMT Shanghai Keywords copper financing China SAFE Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
