LATEST NEWS : Shanghai Gold Exchange to Launch International Board on Sept. 29

BEIJING—The Shanghai Gold Exchange will launch its international board on Sep. 29 in the financial hub’s new free-trade zone, a widely anticipated move to open China’s tightly controlled gold market to foreign capital.   continue reading at online.wsj.com

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China's Secret Vaults: Where Is All The Missing Gold?

China has recently become the world’s largest consumer of gold. Uniquely, it also ranks as both the largest producer and the biggest importer of gold. Yet a big question surrounds the true state of the Chinese demand for gold; the answer would determine how global gold prices are likely to fare. The expectation that Chinese investors […]

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China’s yuan makes waves on international currency markets

Evidence the yuan is becoming truly global can be found in Rongrong Huo’s passport, which shows the HSBC banker bouncing from Switzerland to South Africa fielding inquiries from a growing number of clients on how they can trade China’s currency. “The market potential is huge,” Huo, who heads HSBC’s yuan business development for Europe, said […]

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Key Chinese cities and provinces set to receive stimulus – on the quiet

“The mainland government is quietly offering financial stimulus to key cities and provinces to help them maintain local economic growth. This is in addition to Shanghai taking up a huge loan from a state-owned bank to set up the first Hong Kong-like free-trade zone on the mainland.”   Continue reading on scmp.com

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