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Rise of the gold market in China: liberalisation and market development |
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| Authors: | Yunfei Wang Xiaozhou Li Zhuang Zhang |
| Affiliation: | 1. School of Business, Shanghai Institute of Foreign Trade, Shanghai, China;2. School of Financial Management, Shanghai Institute of Foreign Trade, Shanghai, China;3. Durham University Business School, Durham, UK |
| Abstract: | The Chinese gold market is rapidly rising to global prominence in the recent decades. The paper reviews the history of the gold market in China and its liberalisation process amid the country’s opening to the outside world. Details of the current market structure and its main business are presented. Global impacts of the rise of the Chinese gold market are discussed. |
| Keywords: | Gold market financial liberalisation Chinese economy international finance |