China's Vault Network to Boost Yuan in Trade
By Editor • August 25, 2026 • 1 min read
A recent S&P Global Ratings report reveals that China is establishing a global network of gold vaults to enhance the yuan's international trade significance.
Chinese gold producers like Zijin Mining and Shandong Gold Mining are set to grow rapidly following a 2025 policy change reclassifying gold as a strategic mineral.
Source: www.scmp.com