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China's growing appetite for gold

China has announced the establishment of a new international gold fund, expected to raise US$16 billion to develop gold mining projects across an economic region known as the New Silk Road.

Richard Wachman

The region is primarily in Asia but also includes parts of the Middle East and Europe. About 60 countries have signed up as members of the new fund, according to Chinese media. Xinhua, the official Chinese...

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