In the past three years China has annual gold bullion imports more than 30 times each year what the average annual imports were before 2007. Does this have implications for China's reserve currency aspirations? And has this demand for gold put a floor under the global price of that precious metal?
China's gold imports are discussed in video after the Read more >> jump.
Note: In addition to the rising imports, China is the leading gold producing country in the world, with domestic output between 300 and 400 metric tons over the past 5 years.
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