China’s Quiet Gold Gambit: Plumbing a Parallel System to the Dollar

By Red Blood

China’s Quiet Gold Gambit: Plumbing a Parallel System to the Dollar

By Red Blood

Executive summary

China isn’t trying to flip a switch and “replace the dollar” overnight. It’s doing something more patient—and potentially more durable: building gold-centric market infrastructure (vaults, settlement pipes, trading venues) and encouraging a reserve-management…