China is weighing plans to establish overseas warehouses for the Shanghai Gold Exchange, in a move to boost international settlement of yuan-denominated gold contracts and expand the global use of its gold benchmark.

Data and Financial Journalist
China is weighing plans to establish overseas warehouses for the Shanghai Gold Exchange, in a move to boost international settlement of yuan-denominated gold contracts and expand the global use of its gold benchmark.
President Trump’s new tariffs hit Asian exporters the hardest. With a 90-day pause in place, countries like Vietnam and Cambodia seek trade solutions amid rising U.S. trade deficits.
The changing relations of China and Russia are also not based purely through partnerships but also through their support in each another’s projects. Russia has been supporting China’s ambitious infrastructural projects like the Silk Road project and the Eurasian integration project, which connects China with Europe via Russia.