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China stocked up on Swiss gold as turbulent year came to a close

Sunday, February 5, 2017 13:03

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gata.org / By Wendy Wu / Sunday, February 5, 2017

http://www.scmp.com/news/china/economy/article/2068101/china-stocked-swi…

China’s gold imports from Switzerland soared at the end of last year when Beijing was struggling to defend the yuan and incoming U.S. President Donald Trump was casting grave doubts about Sino-U.S. economic ties.

The Swiss Federal Customs Administration said in January that its gold bullion exports to China rose to 158 tonnes in December from 30.6 tonnes in November, according to GoldSeek.com, a website for gold investors.

Source: http://silveristhenew.com/2017/02/05/china-stocked-up-on-swiss-gold-as-turbulent-year-came-to-a-close/

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