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Koos Jansen: China's gold market means to internationalize its currency
9:59a ET Sunday, December 25, 2016
Dear Friend of GATA and Gold:
Gold researcher Koos Jansen reiterates today that an objective of the Shanghai Gold Exchange is to internationalize China's currency, and he publishes an English translation of a speech given last month in Beijing by the deputy general manager of the exchange, Teng Wei, who emphasized that point. Jansen's commentary is headlined "China's Gold Market Opens Up to Boost RMB Internationalization" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/koos-jansen/chinas-gold-market-opens-u...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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