Game-changer for Hong Kong's gold ambitions? Shenzhen's jewellery hub

The first instalment of the South China Morning Post's three-part series traces China's rise as a gold power, while the second examines the key role of Hong Kong's offshore gold storage infrastructure. Beijing is building a gold-backed monetary framework to accelerate the internationalisation of the renminbi. China is the world's largest gold producer and importer, and Hong Kong's gold trading ambitions also rely on a thriving gold consumption market.