Category: In Focus

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Gold demand soars as global central banks veer away from greenback

Gold demand soars as global central banks veer away from greenback [CGTN]
Gold demand soars as global central banks veer away from greenback [CGTN]
CGTN | 02-May-2023

Central banks of developing countries are exploring options such as higher gold purchases to hedge against rising geopolitical risks, the head of a leading gold association said on Wednesday. David Simon John Tait, CEO of World Gold Council said gold purchases by central banks of developing countries date back to 2013, when they wanted to catch up with their peers in the west. The quantum of purchases has increased as central banks are keen to find alternates to the U.S. dollar and diversify their assets. Check out the video and please subscribe to the channel for more amazing China’s stories! Continue reading “Gold demand soars as global central banks veer away from greenback”

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What can international cooperation bring to China’s musical industry?

Musical 'The Picture of Dorian Gray' [CGTN]
Musical ‘The Picture of Dorian Gray’ [CGTN]
CGTN | 02-May-2023

Irish writer Oscar Wilde’s only novel, “The Picture of Dorian Gray,” has been adapted into a Chinese musical which premiered in Shanghai in March. Its leading actors discusses what international cooperation can bring to China’s booming musical industry. Check out the video and please subscribe to the channel for more amazing China’s stories! Continue reading “What can international cooperation bring to China’s musical industry?”