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China imports of GOLD exceed India! [Copy link] 中文

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Post time 2011-5-25 11:20:55 |Display all floors
This just out in the news in Malayan Media!

China's import of GOLD has exceeded that of India's.
This indicates the growing wealth of China.
Unlike India, who "stressed" citizen buys gold as "hedge against inflation", in China, the purchase is due to increased "wealth" of the citizen and that needed by the State as diversification of Forex risk!

cheerios!

CHINA IS THE WORLD'S NO.1 consumer of gold!

Wow!

Green DRagon
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Gold Medal September's Best Writer 2012

Post time 2011-5-25 13:01:43 |Display all floors
Not only Gold, but also other luxurious commodities.

China is going to be the largest Luruxious market.
our life is full of sunshine

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Post time 2011-5-26 18:34:57 |Display all floors
also number one producer of gold

there's no fever like gold fever
(beast ex machina)

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Post time 2011-5-26 18:54:38 |Display all floors
Ive got 2 gold teeth  

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Post time 2011-5-26 19:01:21 |Display all floors
nice bling - canines, incisors or molars?
(beast ex machina)

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Post time 2011-5-27 17:26:52 |Display all floors

Reply #4 St_George's post

US$ 3 trillion is a LOT OF MONEY - especially for a MEGA POWER state like China!

cheerios!

Green DRagon
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Post time 2011-5-27 17:40:59 |Display all floors

Reply #7 totothedog's post

you know i have been BULLIED by all parties ever since i started to talk about reforms.
end 2012 is when i call it a day!
Now i just chit chat for fun - it's terrible -

I have no money to buy gold!

cheerios!

Green DRagon
Game Grandmaster

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