Warehouses in China will not happen for the London Metal Exchange in the near future, according to LME CEO Garry Jones. "One of our goals is to have warehouses in China, that will be a big step forward if that was to be allowed," Jones said. However, he added, "the change of the rules in China is some way off. I think we are dreaming if we think we will have warehousing there any time soon."

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