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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

#China #gold #S&P Global Ratings #trade #yuan

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