China's $170 Billion Gold Accumulation Stirs Taiwan Conflict Fears China’s recent accumulation of a $170 billion gold reserve, following a record 27-tonne purchase that raised its total to 2,262 tonnes, has sparked concerns over its preparations for potential conflict regarding Taiwan. The People’s Bank of China’s strategic buying, which began in October 2022 and marks the longest gold stockpiling period since 2000, appears to be a precaution against Western sanctions in case of escalating tensions with Taiwan. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Mortgage Rate Decline Prompts Spike in Refinancing Applications READ MORE 446 Days and Counting: Recession Signal Fails to Predict Economic Downturn READ MORE Silver Breakout Confirmed READ MORE Base Metal Prices Surge Amid Russian Ban and Supply Worries READ MORE Fed Rate Cut Hopes Dampened by Persistent Inflation and Strong Job Growth READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment