Gold Imports by China Fell 62% in December as Demand Slowed
This article is for subscribers only.
China’s gold imports from Hong Kong plunged 62 percent in December from a record as retail and jewelry-maker demand declined amid a seasonal slowdown.
The mainland bought 38.8 metric tons from Hong Kong, down from November’s 102.8 tons, the highest ever, Hong Kong’s Census and Statistics Department said yesterday. China doesn’t publish gold trade data.