China’s love affair with gold heating up on property riches

(Bloomberg) — China’s growing throng of affluent consumers is driving a rebound in demand for gold rings, bracelets and necklaces as a property boom and high stock market valuations boost wealth in the largest bullion market. “Things are much more ... ( read original story ...)

China draws up trade retaliation options against US

China is drawing up options for hitting back at the US if Washington imposes trade penalties for alleged intellectual property theft, but so far Beijing wants to avoid escalation mindful of the pain it could cause its own consumers. When China’s commerce ... ( read original story ...)