"Commodities is still a concept and is being worked on," Li
told a press conference in Hong Kong. "It took 20 years to
build the Shanghai-Hong Kong connection. [Let’s]
hope it won’t take another 20 years," he said.
"China is the [world’s] largest importer of
commodities, but not necessarily able to hedge risks as
international markets are closed [to it]," he said, adding that
the international market uses London Metal Exchange contracts
to hedge risks in metals trading. "The futures markets [in
China and outside]...