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<p>[QUOTE=&quot;Juan Blanco, post: 1566836, member: 41665&quot;]I&#039;m curious to know more about retail Au Coin/Bullion &quot;investing&quot; in Mainland China. </p><p><br /></p><p>If I understand correctly, the avg Chinese buyer wants 990 Gold jewelry - for dowry, not daily wear - or <i>Chinese </i>coins (not much else.)&nbsp; Two years ago, US-based Taiwanese guy told me he knew NO ONE &#039;investing in Gold&#039;&nbsp; - just dowry purchases for women.&nbsp; So I&#039;m trying to get more background on the market(s) in different cities: Hong Kong, Shanghai, Beijing.&nbsp; All insights into the Chinese <i>retail </i>Gold bullion market welcome. Thanks!</p><p><br /></p><p>From a 2007 blog I read this - I think it&#039;s about also about the Taiwanese and perhaps NOT SO RELEVANT to the mainlanders???</p><p><i>Chinese prefer pure gold (99.9%) or 916 gold (equivalent to 24K gold). Anything below that, such as 18K gold commonly used in fashionable gold jewellery, is not considered “real” gold to chinese.</i></p><p><i><br /></i></p><p><i><br /></i></p><p>Here&#039;s an Oct. 2011 article on Gold ETF trading (retail investor, paper spec):</p><p><a href="http://in.reuters.com/article/2011/10/26/idINIndia-60128020111026" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://in.reuters.com/article/2011/10/26/idINIndia-60128020111026" rel="nofollow">http://in.reuters.com/article/2011/10/26/idINIndia-60128020111026</a></p><p><br /></p><p>Also: the &#039;fake Gold&#039; scam in China was fairly isolated (overblown) back in 2010:</p><p><a href="http://www.ft.com/intl/cms/s/0/f7b05cf2-fcfc-11df-ae2d-00144feab49a.html#axzz2B674EK7o" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ft.com/intl/cms/s/0/f7b05cf2-fcfc-11df-ae2d-00144feab49a.html#axzz2B674EK7o" rel="nofollow">http://www.ft.com/intl/cms/s/0/f7b05cf2-fcfc-11df-ae2d-00144feab49a.html#axzz2B674EK7o</a>[/QUOTE]</p><p><br /></p>

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