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Bloomberg/Staff/3-1-2021
“China’s top banking regulator said he’s ‘very worried’ about risks emerging from bubbles in global financial markets and the nation’s property sector, sparking fresh concerns about further tightening in the world’s second-biggest economy.”
USAGOLD note: If China embarks on the course this article suggests and tightens credit conditions, it could indirectly impact the gold price by driving up the yuan and driving down the dollar.
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