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Gold strategy: why a Chinese global network of vaults would bolster yuan’s trade role

South China Morning Post
South China Morning Post
by Julie Zhang
Aug 25, 2026 · 8:00 AM
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Gold strategy: why a Chinese global network of vaults would bolster yuan’s trade role
China is building a global network of gold vaults and accelerating central bank reserve buying as part of efforts to promote the yuan’s role in international trade, according to an S&P Global Ratings report on Tuesday. Chinese gold miners, such as the mainland’s largest gold processor Zijin Mini…
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