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You Searched For "China central bank" and got 20 results


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1 min read

Gold is getting so expensive that even China's central bank stopped buying

China's central bank did not add any gold to its reserves in May after 18 straight months of purcha…

Huileng Tan   


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2 mins read

The US dollar is so strong that China's central bank, among others, just keeps loading up on gold

Not just China, but other central banks including Turkey and India are loading up on gold, amid a s…

Huileng Tan   


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2 mins read

Some central banks have sold gold at record prices, cashing in on the global boom

Gold prices have hit fresh record highs amid macroeconomic and geopolitical uncertainties.

Huileng Tan   


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2 mins read

Gold prices have another 29% upside as China's central bank continues its buying spree, famed economist says

China has purchased about 181 tonnes of gold over the past year, and is now the sixth-largest holde…

Matthew Fox   


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2 mins read

The US dollar has become so weaponized that central banks are snapping up politically-neutral gold

Gold is seen as a politically neutral, safe asset, insulated from sanctions. China has doubled down…

Huileng Tan   


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3 mins read

De-dollarization is not working out in China, where businesses are hanging onto their US dollars

Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, …

Huileng Tan   


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4 mins read

India the third biggest gold buyer in May, after Switzerland and China: WGC

According to the World Gold Council's latest commentary, the month saw a resurgence in inflows, pri…

ANI   


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3 mins read

Western countries are lining up to name and shame China for overproduction

G7 finance chiefs criticized China's industrial overproduction, saying they will consider taking st…

Huileng Tan   


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2 mins read

Silver price gains are outshining gold's thanks to China's overproduction of solar panels

Silver prices have soared 35% to 12-year highs, outpacing gold's gains. The rally is driven by indu…

Huileng Tan   


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3 mins read

People in China continue to buy gold even as the currency remains weak!

Record-high gold prices driven by global uncertainties and central bank rate cuts lead to increased…

Huileng Tan   


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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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3 mins read

India wants to be the new China. Modi's shock election result shows it won't be easy.

Decision-making and policy changes in the world's largest democracy will take far longer than they …

Huileng Tan   


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1 min read

India’s economic growth “very robust” as Western companies shift investment focus from China to India: UN expert

India's economic growth has been described as “very robust” by a UN expert, highlighting the countr…

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2 mins read

China is leading a 'voracious' gold-buying spree as central banks try to shrink dollar reserves

China has bought 181 of 800 tonnes of gold purchased globally this year. The move underscores dedol…

Aruni Soni   


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3 mins read

India's race to overtake China will intensify after Modi's reelection because they have the same obsession, analyst says

India is aiming to be the new China as companies are diversifying their operations outside the East…

Huileng Tan   


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2 mins read

China faces a reckoning as disillusioned Gen Z and millennial workers refuse to save for retirement: report

The New York Times reported that some young people in China have stopped contributing to pensions o…

Mikhaila Friel   


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1 min read

China just unveiled the strongest remedies yet for its troubled housing market

Beijing is removing floors on mortgage rates, offering cheaper housing loans, and reducing minimum …

Theron Mohamed   


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2 mins read

China ramps up de-dollarization efforts by dumping a record amount of US bonds

China sold a record $53.3 billion worth of US Treasurys and agency bonds last quarter as it acceler…

Filip De Mott   


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Chinese state-owned banks are propping up the yuan while the central bank signals currency weakness

Chinese banks have frequently sold dollars in the currency market this year to stem the yuan's decl…

Aruni Soni   


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3 mins read

The West can't completely isolate Russian banks because it would be disastrous beyond Russia

The West could still block the access of all Russian banks to SWIFT — but it would come with major …

Huileng Tan