No one knows for sure if China has 20,000 tons of gold in reserves. But if indeed it has that deep a gold reserve, Beijing can take on the US dollar by using gold for international trade.
Sep 5, 2018
- Rupee weakened against dollar in choppy weekly trade
- Major boost to govt exchequer as RBI approves Rs 28,000 crore interim dividend
- Saudi Aramco in talks with Reliance to ramp up oil sector investments
- What's Anil Ambani's net worth? Quicksilver erosion of $43 bln over a forgettable decade
- Reliance battles Comcast, Sony for a substantial stake in Zee