This paper comprehensively investigates risk premia in Chinese commodity markets, which are very different from the US markets because of the heavy regulation that attempts to prevent speculation with time-contingent margining and forced liquidation rules, and market participation that is...

"In the summer of 2022, the Chinese government announced the creation of a $3 Billion state-owned iron ore giant, the China Mineral Resources Group, whose mission is to manage the multifaceted undertakings of iron ore imports, processing and trading, as well as overseas investments. This was an...