At GTR Asia‘s Trade Finance Week in Singapore, the conversation was dominated by China. A slowdown in growth has been played out in tandem with a slump in commodity prices, both of which have threatened to spread contagion throughout the region.

Realism rather than fear was to be found among many of those involved in commodity finance, present at the conference. Commodities have always been cyclical and rather than the creation of a “new normal”, some were of the view that they’ve seen it all before.