Analysts suggest that China can capitalize on shifting gold reserves, such as France repatriating gold from the US, to establish itself as a major global gold hub. They recommend leveraging Beijing's policy stability and Hong Kong's fintech expertise, particularly in blockchain, to build a modern trading center.

As the French central bank repatriates gold reserves from the United States, analysts say China should seize this “strategic window” to develop itself into the next global gold hub. They added that Beijing can leverage policy stability, alongside Hong Kong’s strengths in fintech such as blockchain, to build a modern gold trading centre, particularly as policy volatility under US President Donald Trump’s second term heightens global concerns and deepens the de-dollarisation trend. “I think [the.....