Chris Devonshire-Ellis – Sputnik Interview Concerning China’s Increasing Gold Reserves and the Implications

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Chris Devonshire-Ellis, the Chairman of Dezan Shira & Associates, has been interviewed by Sputnik Global concerning his views on China’s gold reserves, which have increased for the ninth consecutive month and are now at a record high of 2,137 tons.

Chris discusses China’s gold reserve strategy and goals, what this means for the RMB yuan and other currencies, and the pursuit of US dollar and euro alternatives. The article, titled ‘Prepare for the Worst’: China Diversifying Gold, Currency Reserves as US Dollar Becomes Riskier Bet’ can be read here. A VPN may be needed to access this piece in the European Union.

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China Briefing is written and produced by Dezan Shira & Associates. The practice assists foreign investors into China and has done so since 1992 through offices in Beijing, Tianjin, Dalian, Qingdao, Shanghai, Hangzhou, Ningbo, Suzhou, Guangzhou, Dongguan, Zhongshan, Shenzhen, and Hong Kong. Please contact the firm for assistance in China at china@dezshira.com.

Dezan Shira & Associates has offices in Vietnam, Indonesia, Singapore, United States, Germany, Italy, India, Dubai (UAE), and Russia, in addition to our trade research facilities along the Belt & Road Initiative. We also have partner firms assisting foreign investors in The Philippines, Malaysia, Thailand, Bangladesh.