Five reasons why forex trading is big in China

ن

Although forex trading has made its mark around the world, it’s astounding to see just how quickly the forex market has taken off in China over the last few years.

Forex offers an alternative for Chinese investors who are looking to diversify their portfolios and reduce their exposure to the overinflated local stock markets. There are also significant concerns about the long-term value of the yuan, as China may consider devaluing its currency to remain competitive in European markets as the US dollar soars – forex trading may offer the opportunity to hedge against this risk.

There are also lots of other reasons why Chinese traders are increasingly turning to the currency markets to drive both short-term profits and long-term returns.
By Nicolas Shamtanis,
ن
ن
3 comments :

3 comments :