‘Next To Nothing’: China Launches ‘Unprecedented’ Crack-Down On Gold Imports

‘Next To Nothing’: China Launches ‘Unprecedented’ Crack-Down On Gold Imports

"Gold going in is money going out", an industry source in Asia told Reuters, for an interesting little exclusive out Wednesday afternoon. Reuters cites more than half a dozen unnamed industry insiders in the course of documenting Beijing's efforts to "severely restrict" gold imports amid mounting uncertainty since May, when Donald Trump shattered months of calm on the trade front by abruptly breaking the Buenos Aires truce with a May 5 tweet announcing a tariff hike. The world's largest import
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