The Chinese government acknowledged gold as a strategic asset in 2000, when it included the establishment of an open gold market in its five year economic plan.

Since then China has come to play a significant role in the international gold market as it strives to develop and advance all aspects of the industry and gold’s role in the domestic market.

Why it has decided to focus on building and developing the gold industry from both a supply and demand perspective is a question that requires further investigation.

In the coming weeks Koos Jansen and myself will reveal the cogs of China’s gold market as we work to reach a conclusion as to why gold is such a high priority for China’s economic development.

This week we provide an overview of the major elements of the marketplace in an attempt to unveil the strategy of the State Council.

…..read the overview HERE