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Allowing banks to trade government......>

CHINA PRESS: Allowing banks to trade government bond futures can be the first
step in establishing a united government bond market in China, said Li Daokui,
former member of the monetary policy committee at the People's Bank of China,
according to Securities Daily on Monday. 
  - This will remove some barriers that separate the interbank treasury market
from the exchange market, as currently banks and exchange houses cannot
participate in transactions in the other's market: Li 
  - The move will also make commercial banks more willing to purchase government
bond products as  futures can buffer some risks: Li.

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