China (finally) takes over global commodities trading

American logistic expert report from China Video: China (finally) takes over global commodities trading 美國物流尊家在中國視訊報導: 中國（終於）接管全球大宗商品貿易

A handful of private firms dominate global commodities trading and finance.

The industry is poorly regulated--by design--and as a result entire supply chain systems for raw materials and logistics are highly vulnerable to malfeasance and criminal activity.

Recent scandals and crimes by Trafigura and other firms pose particular risk to Chinese downstream companies, who are the world's top buyers for minerals and metals, crude oil, and agricultural products.

A new state-owned company in Shanghai will vertically integrate the country's commodities trading with the rest of the world.

The “Shanghai Price” system will pull the world’s commodities trade out of London and New York, and further accelerate de-dollarization trends.

Closing scene, Lujiazui, Shanghai

少數幾家私人企業長期主導全球大宗商品的貿易與金融。

這個產業的監管十分鬆散——其實是刻意為之——因此整個原材料與物流供應鏈系統極度容易受到不當行為與犯罪活動的侵害。

近期包括托克（Trafigura）在內的多家企業爆出醜聞與犯罪事件，對中國的下游客戶構成特別風險——而中國正是全球最大的礦產與金屬、原油及農產品買家。

上海一家新成立的國有公司將把中國的大宗商品貿易與全球市場進行縱向整合。

「上海價格」（Shanghai Price）體系將把全球大宗商品貿易的定價重心從倫敦與紐約拉走，並進一步加速去美元化的趨勢。

收尾畫面：上海陸家嘴