Shanghai FTZ ban on London Metals Exchange warehouses remains

The central government will retain a ban on overseas commodity exchanges setting up warehouses on the mainland, a government source said, dashing expectations for London Metal Exchange (LME) warehouses in Shanghai's new free-trade zone.

via Business feed http://www.scmp.com/business/commodities/article/1338356/shanghai-ftz-ban-london-metals-exchange-warehouses-remains