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World Commodities Week

25-27 October
Lodon, England
The 7th annual World Commodities Week is the benchmark event for the global commodities industry, bringing together major investors and leading analyst to discuss the latest thinking in commodity market developments and investments. With a 7 year track-record and unrivalled line up of expert speakers, you can learn from and network with C-Level investors and maximise your investment returns
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The New Silk Road

China is now Latin America’s biggest partner
BRIC partners Dilma Rousseff Brazil's president and Hu Jintao her Chinese counterpart
In 2006, when Eike Batista opened Rio de Janeiro’s finest Chinese restaurant, his fortune barely made the Forbes rich list. Now, the Brazilian oil and mining magnate is the world’s eighth richest man.

Mr Batista’s estimated $30bn fortune has grown alongside Brazil’s rising trade links with China. It is also a testament to Mr Batista’s business nous that his Rio de Janeiro eatery has become a handy place to entertain his Chinese business partners.
Latin America, like Rio de Janeiro’s dining scene, has changed – and it is largely thanks to China.
A region once known for instability has sailed through the global financial crisis. Poverty is falling, the middle classes booming, and asset markets bubbling.

This is due to a spectacular expansion of commodity- based trade. Over the past decade, fast-growing emerging countries, be they in Asia, India or Africa, have shown a near insatiable demand for the commodities that Latin America has in such abundance, whether Argentine soya, Brazilian iron ore, Chilean copper or Peruvian gold.

Brazil seeks to triumph in new Great Game for Africa
When Vale, the world’s largest iron ore miner, announced its latest foreign acquisition this month, no one was surprised by the location of the target company: Africa.
The $1.1bn offer for Metorex, a small Johannesburg listed miner whose largest asset is a copper mine in the Democratic Republic of Congo, extends Brazil’s influence in a continent with which it has close historic and cultural ties.
So important has Africa become for companies such as Vale that the continent now accounts for half as much of Brazil’s international commerce as China. “Brazil-China trade is today worth more than $50bn, while Africa as a whole is more than $25bn – so it’s significant in its own right,” says Brad Koen, the São Paulo-based managing director and global head of business development at South Africa’s Standard Bank.

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