China’s ‘Gold Road’ initiative is central to its national security, de-dollarization, and Global South strategies – S&P Global - KITCO
China’s ‘Gold Road’ initiative is central to its national security, de-dollarization, and Global South strategies – S&P Global - KITCO
Source: KITCO
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DW NOTE
S&P Global identifies China's gold accumulation as infrastructure for financial sovereignty, not investment thesis. Beijing added 225 tonnes to official reserves in 2023 alone while building yuan-gold settlement rails through BRICS partners. The 'Gold Road' isn't metaphor—it's the physical route by which China converts trade surpluses into non-dollar claims on real resources while the Strait of Hormuz remains 45% below normal throughput and US deficits run at 6% of GDP.