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China stands on threshold of gold ETF introduction

Posted on 29 January 2013

China Securities Regulatory Commission (CSRC) has published provisional rules for the operation of gold ETFs, which pave the way for introduction of gold ETFs into China’s financial markets. China Daily quoted an official from the CSRC Saturday who said that there is no specific timetable for the listing of gold ETFs in China.
The move is part of the Chinese Central Government’s effort to promote the development of China’s gold and capital market. China is the world’s largest gold producer and consumer according to the China Gold Association………………………………………..Full Article: Source


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