China gold demand growing at "explosive" pace

17 February 2011  Reuters

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Demand in China for physical gold and gold-related investments is growing at an "explosive" pace and its appetite for the yellow metal is poised to remain robust amid inflation concerns, said an Industrial and Commercial Bank of China (ICBC) executive.

http://www.reuters.com/article/2011/02/16/us-icbc-gold-idUSTRE71F1MO20110216