Gold imports from Hong Kong to China reach record levels
Duncan Richardson, News Editor
28 Jan 2014, 5:42 p.m.
Gold imports from Hong Kong to China reached record levels in 2013 as investors took advantage of gold’s 28% price decline. Imports rose by 33% to 1,108.8 metric tonnes according to figures released by Bloomberg News. According to Song Heping assistant general manager at Xiamen City Commercial Bank Co. “Increasing disposable income guaranteed healthy demand for gold in China last year,”