China’s ‘Gold Road’ initiative is central to its national security, de-dollarization, and Global South strategies – S&P Global

By Ernest Hoffman – Kitco News

Gold is a “strategic mineral” to the Chinese government and plays a central role not only in the country’s long-term economic policies, but also in its national security strategy – and the international “Gold Road” initiative is a central component in all of this, according to a new analysis from S&P Global.

The in-depth report – which offers a comprehensive analysis of every area of China’s gold market including regulation, consumer demand, mining and production, and the central bank – also explores the ways that China is leveraging its international relationships to place gold at the center of its economic and defense planning.