China warehouse 'bound to take some time', LME's Liz Milan says

摘要

The London Metal Exchange is not close to gettingan approved warehouse in China, and last discussed the subject with China's financial regulators more than two years ago, LME Asia md Liz Milan told Metal Bulletin. An LME-registered warehouse on the Chinese mainland would require backing from various government bodies, including the China Securities and Regulatories Commission (CSRQ. The last discussion between the CSRC and LME executives on the issue was in Beijing in February 2010, she said.