http://www.bloomberg.com/news/2012-06-10/gold-investment-demand-in-china-to-advance-10-icbc-forecasts.html
Gold-investment demand in China may
gain more than 10 percent this year as buyers seek a haven from
Europe’s debt crisis and the prospect of weakening currencies,
according to the country’s largest bullion bank.
“Investors here want to hold part of their assets in gold
to hedge for the risks, especially now that the financial crisis
has evolved into a sovereign crisis,” Zheng Zhiguang, general
manager of the precious-metals department at Industrial and
Commercial Bank of China Ltd., said in an interview in Shanghai
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