How does the largest commodities buyer become a price maker? Owning an offshore exchange is a start

China is hoping to have a long-term say in setting commodity prices as it looks to cut the dominance of exchanges in Chicago, London and New York. As the trade war with the US heightens concerns over the security of supplies – from soybeans to technologies – to the world’s biggest factory, China is building its first offshore commodities exchange, which it hopes will buy it … http://bit.ly/2JtKVBF

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