Hong Kong's Golden Bridge Completes China's Renminbi Ambition

A series of articles points out that Hong Kong plays a key role in safeguarding the country's financial security and promoting the internationalisation of the renminbi. In 2013, about one-third of the world's traded gold changed hands via Hong Kong; that year Hong Kong imported 1,158 tonnes of gold, surpassing traditional largest buyer India. Beijing's larger goal in accumulating gold is to promote the internationalisation of the renminbi.