In a couple years, Chinese retail and institutional investors are going to start investing on overseas stock exchanges. What corporate name do you want them to see?
Tyhee is sounding pretty good, eh?
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The Globe and Mail: China’s big gold rush
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[G]old has a powerful ally in promoting it: the state.
Consider a recent push by the Chinese government for its citizens to buy more gold as an investment. Industrial Commercial Bank of China recently signed an agreement with the World Gold Council to help promote domestic demand for gold through new investment products.
The country is also turning to television advertising to encourage its growing middle class to buy gold as an investment. State-owned China Central Television has run spots urging citizens to buy gold, as well as silver, a major shift from only a few years ago when the country imposed strict controls on precious metals purchases for its citizens.
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