As you may know China has the largest population in the world which currently stands at more than 1.3 billion inhabitants. What is not so well known is that China is not only the biggest country in terms of population but that it has also managed to recently climb up to the number two position in the world in economic terms, as it is now the second largest economy as regards its GDP.
As already explained in our China Forex Country Report, the foreign exchange market both in terms of inter-bank transactions as well as retail operations has made huge leaps. However, binary options trading can be said to still be in a more nascent stage in China, partly because binary options are a newer and more innovative investment vehicle and it is obviously taking it longer to become established in China as well. That being said, there are several factors that characterize the Chinese market which make the future prospects of online retail binary options trading in the country extremely promising and potentially highly lucrative both for brokers and for investors. For know more please click here this link. http://www.binaryoptionschina.org
The Chinese banking system and its regulation over financial investments is still quite restrictive, however it has made steps towards demonstrating a willingness and ability to adapt to the changing realities and circumstances meaning that there is room and scope for the binary options trading to develop even against the challenging and often difficult and rigid Chinese financial environment. Additionally, especially since the retail trading of binary options is done online, this makes it more difficult for the government and regulators to be able to fully control the actions of the billions of Chinese people and thus, even if it presupposes the bending or by-passing of some rules, binary options trading can take place.