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But, analysts said, Western leaders have long called for better management of commodity supplies, to little effect.
This way, it can better (and less obviously) direct Chinese investments in a key continent for future energy and commodity supplies.
The oil embargo imposed on Japan by President Roosevelt in 1941 helped to provoke the Pearl Harbour attack.Today's rising Asian power, China, is attempting to secure its commodity supplies by doing deals with producers.
Growth is strong, commodity supplies are stretched, and consumer prices have begun to accelerate, rising by 3.1% in the year to May, after an increase of 2.3% in the year to April.
Commodity supplies cannot be ramped up easily or quickly.
A pull system for commodity supplies and management was also instituted.
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And China's enormous appetite for commodities bumped up against several decades of lagging commodity supply.
"Every other commodity supply chain has some form of storage at the point of generation and through delivery," he adds.
In 2012, Nestlé UK & Ireland accelerated its work to track its commodity supply chains and in the same year, began sourcing 100% of its palm oil sustainably.
The proposed regulation, seen by EurActiv, would set up a "responsible importer" scheme for firms exercising "due diligence" over commodity supply chains, offering incentives ranging from EU public procurement contracts to funding possibilities for small and medium enterprises.
However, the current industry model is still dominated by commodity supply chains.
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