{"id":3755,"date":"2026-04-08T13:11:07","date_gmt":"2026-04-08T13:11:07","guid":{"rendered":"https:\/\/www.europesays.com\/france\/3755\/"},"modified":"2026-04-08T13:11:07","modified_gmt":"2026-04-08T13:11:07","slug":"as-france-pulls-gold-from-the-us-how-can-china-develop-into-the-next-global-gold-hub","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/france\/3755\/","title":{"rendered":"As France pulls gold from the US, how can China develop into the next global gold hub?"},"content":{"rendered":"<p>As the French central bank repatriates <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/business\/markets\/article\/3349028\/gold-may-reverse-course-once-iran-war-ends-fed-adopts-policy-easing?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">gold reserves from the United States<\/a>, analysts say China should seize this \u201cstrategic window\u201d to develop itself into the next global gold hub.They added that Beijing can leverage policy stability, alongside <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/tech\/blockchain\/article\/3347286\/will-hong-kongs-regulatory-clarity-crypto-forge-path-global-hub-status?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Hong Kong\u2019s strengths in fintech such as blockchain<\/a>, to build a modern gold trading centre, particularly as policy volatility under US President Donald Trump\u2019s second term heightens global concerns and deepens the de-dollarisation trend.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cI think [the French central bank\u2019s move] is a signal worth watching \u2013 it is unusual,\u201d said Raymond Yeung, chief Greater China economist at ANZ Bank.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cFor China, especially Hong Kong, this is a strategic window that needs to be seized,\u201d he added, citing growing doubts over the US dollar-dominated global financial system and the broader investment demand for gold.<\/p>\n<p>The Bank of France has replaced its remaining <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3343554\/chinas-gold-rush-why-families-are-doubling-down-precious-metals?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">gold reserves<\/a> held in New York with the equivalent amount bought in Europe and stored in Paris between July 2025 and January 2026, as reported by Radio France Internationale on Saturday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Meanwhile, economists in Germany, such as Michael Jaeger, head of the Association of German Taxpayers and the European Taxpayers Association, are also calling on the government to withdraw its gold holdings from the US.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cTrump is unpredictable and he does everything to generate revenue,\u201d Jaeger previously told local media. \u201cThat\u2019s why our gold is no longer safe in the Fed\u2019s vaults.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"As the French central bank repatriates gold reserves from the United States, analysts say China should seize this&hellip;\n","protected":false},"author":2,"featured_media":3756,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3531,3529,3527,3530,3525,1165,195,73,5,3532,3528,3127,30,3533,3526,187],"class_list":{"0":"post-3755","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-france","8":"tag-anz-bank","9":"tag-bank-of-france","10":"tag-beijing","11":"tag-bloomberg","12":"tag-cambodia","13":"tag-china","14":"tag-donald-trump","15":"tag-europe","16":"tag-france","17":"tag-french-central-bank","18":"tag-hong-kong","19":"tag-new-york","20":"tag-paris","21":"tag-radio-france-internationale","22":"tag-shanghai","23":"tag-united-states"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/3755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=3755"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/3755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/3756"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=3755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=3755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=3755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}