Reed Smith’s Singapore office recently hosted a seminar on the Singapore-China commodities nexus. In the seminar, we highlighted the current trend of commodity market participants increasing their commodity exposure in China either by expanding the scope of their current business there or by establishing a presence for trading activities in the domestic market. The seminar discussed some of the key legal issues relevant to anyone considering such increased investment in China.
The importance of China to the global economy is today undeniable. Just as many countries in the world are increasingly looking towards national interests, China is looking to strategically reposition itself as a global leader in international trade. Among those, of the most strategic significance are possibly, Singapore and Hong Kong.