Newsweek: “China is Hoarding the World's Gold”

Who told them?

China is Hoarding the World's Gold

Aleks PhillipsNov 04, 2023 at 4:00 AM EDT

Despite China being the largest producer of gold in the world, its central bank has been at the forefront of a surge in purchases of the precious metal on the international market as it seeks to reduce its reliance on the dollar.