Group 1 - China will allow foreign investors to participate in domestic nickel and lithium futures trading, which is a significant move to enhance its influence in the global commodity market [1][3] - The China Securities Regulatory Commission announced that nickel and lithium carbonate futures and options are among the 14 futures and options to be opened up, although no specific timeline for the opening has been provided [1][3] - China aims to strengthen its pricing power in the global commodity market, which is currently dominated by international financial centers like London, Singapore, and New York [1][3] Group 2 - The Shanghai Futures Exchange has previously announced an international development plan that includes allowing foreign investors to use foreign currency as margin for participating in RMB-denominated futures trading [2][4] - Opening futures trading to foreign investors is expected to enhance China's pricing power in commodities and improve the risk management system for non-ferrous metals [2][4] - Previous efforts to open up commodity futures have had limited success, with RMB-denominated copper and crude oil futures failing to disrupt the dominance of international exchanges, while the Dalian Commodity Exchange's iron ore futures have seen some success since their opening [2][4]