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China Shows ‘Increased Demand For Gold,’ Details | The Mesh Report

China Shows ‘Increased Demand For Gold,’ Details

Mike Hammer June 7, 2017 Comments Off on China Shows ‘Increased Demand For Gold,’ Details

Once the world’s poster child for economic expansion, China is now facing the after-effects of their enthusiasm. Over-expansion fueled such projects as ghost cities still empty, but widespread prosperity hasn’t happened yet. Without growth to pay the bills basic economic realities reassert themselves. The Chinese people now have concerns over high prices (inflation!) as the government tries to reduce leverage in the financial system by driving down the renminbi.

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