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CHINA’S OVERSEAS GOLD INVESTMENT STRATEGY UNDER “ONE BELT AND ONE ROAD”
XU Ling-xiao, WANG Da, XU Hong,et al.
Resources & Industries    2017, 19 (3): 17-23.   DOI: 10.13776/j.cnki.resourcesindustries.20170516.011
Abstract150)      PDF(pc) (2155KB)(693)       Save
China sits a top in gold production, consumption and import. The gold reserve of countries within “One Belt and One Road” amounts to 65% in the world, 39% in production, 51% in consumption according to the global gold reserve, production and consumption information. Those countries have potential in expanding production and markets. China’s most gold mines are small, low grade, and limited reserve, hard to meet gold demands in the future. It needs to import gold through overseas gold investment. Under “One Belt and One Road”, this paper analyzes their gold resource and production, market, investment environment among the countries within “One Belt and One Road”, and presents three priority overseas areas for gold investment, 1) Russia and Mongolia; 2) middle and western Asia, Kazakhstan, Uzbekistan, Kyrghyzstan, Tajikistan, Pakistan, and Iran; 3) South Africa, Ethiopia, Kenya, Tanzania and Congo. Investment strategy is also given for each area.
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