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China’s Gold Imports From Hong Kong Climb to Record

Gold shipments to China from Hong Kong rose to a record in 2013 as bullion’s slump attracted buyers in the world’s second-largest economy.

Net imports more than doubled to 1,108.8 metric tons last year from 2012, according to calculations by Bloomberg News based on data from the Hong Kong Census and Statistics Department. The figure includes a 51 percent rise in December, before the start of China’s Lunar New Year holiday that starts Jan. 31. The data deduct flows from China into Hong Kong.