China Briefing News

State Council Restrictions Could Hurt China’s Exchanges

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By Vivian Ni Dec. 2 – The future outlook of China’s more than 300 commodities and cultural exchanges has been clouded, as the State Council recently vowed to tighten regulations on all of them. Despite seeing strong business growth, many of the exchanges now face being cleared out of the market if they fail to […]

China’s Pan Asia Gold Exchange: A New Playing Field for Speculators?

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In an age when the assets of insolvent Western economies are becoming less reliable and international investors appreciate gold as a safe haven, the Chinese know it is time for them to play a larger role in the global gold market. The Pan Asia Gold Exchange – opened earlier this year allowing gold trade in China’s own local currency RMB – may make China the new epicenter of the global gold market and even trigger a bigger wave of speculative gold buying and selling.

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