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Friday, November 14, 2008
China Shift Reserves into Commodities and Gold
Jesse's Café Américain: "China Expected to Shift Reserves into Commodities and Gold
'Beijing's reserves could easily go up to 3,000 to 4,000 tonnes...'
The Standard - Hong Kong
Gold rush
By Benjamin Scent
Friday, November 14, 2008
The mainland is seriously considering a plan to diversify more of its massive foreign-exchange reserves into gold, a person familiar with the situation told The Standard."
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