'Despite the very serious problems that Europe currently faces, and despite the slow growth in the United States. China will continue to be the buyer of last resort for almost every commodity,' said Mr. Bethel, as he addressed the audience consisting of financial and strategic investors from Hong Kong, Singapore, and other parts of Asia.

Mr. Bethel added, 'As an example, China consumes 5kg of copper per person per year. Taiwan and Korea, by comparison, consume close to 25kg. Given the fact that China's domestic copper mines have pretty much been depleted, where will China's copper supply come from? China desperately needs copper, and if Europe causes the markets to tank, China will have the single best buying opportunity in history.'

The Summit saw 207 delegates representing over 130 companies from 10 countries convene - with speakers addressing topical issues in the field of commodities, including how to get ahead of the market, manage future exposure, and emerging hot sectors.

About SinoLatin Capital

SinoLatin Capital is the premier investment platform between China and Latin America. It is a financial advisory and private equity firm focused on natural resource transactions. Headquartered in Shanghai's financial district and with offices in New York and Lima, Peru, SinoLatin Capital is the first merchant-banking firm focused exclusively on cross border transactions between China and Latin America.

http://www.marketwatch.com/story/sinolatin-capital-china-emerges-as-global-commodity-buyer-of-last-resort-2011-12-07