Saturday, March 18, 2023

Tag Archives: imports

Chinese gold imports nearly doubled in 2012. New gold ETF sets up blow-out 2013

Gold imports into China rose to an all time high last year according to a Bloomberg report. Driven by rising incomes, imports rose from 431.2 tonnes to a 834.5 tonnes according to data from the Census and Statistics Department of the Hong Kong government. Imports in December alone were 114,405 kilograms, a monthly record. Demand is expected to be boosted …

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China to further cut reliance on trade

CHINA’S reliance on trade may decrease further as the country turns toward domestic consumption to drive the economy, the top customs authority said yesterday. The total value of imports and exports accounted for 47 percent of China’s gross domestic product in 2012, a sharp fall from a record 67 percent in 2006 and 50 percent in 2011, the General Administration …

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