BUSINESSSCMP CHINA
China among top gold buyers as bullion overtakes US Treasuries in global reserves: ECB
China is one of the world’s largest buyers of gold as central banks shift towards the precious metal, which has overtaken US Treasuries in global reserves. The European Central Bank reported that China was the fourth-largest per-country buyer in 2025 after Poland, Kazakhstan, and Brazil, purchasing 25 tonnes, with total purchases exceeding 350 tonnes.
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