The world’s second-largest economy is buying gold like it’s no one’s business. According to analysts, as the US-China trade war intensifies, China is bulking up its bullion reserves – most likely in an attempt to de-dollarize. Russia is doing the same, along with a number of central banks in developing economies. So why is gold being stockpiled? And why on such a large scale?
In Hong Kong, anti-extradition bill protests have been in full force since 31 March this year.