China is the world's largest gold producer and importer (importing roughly 1/3 of global annual production), giving it substantial flexibility in gold supply; this abundance means China is not constrained by gold reserves in the way smaller central banks are.
factualpending
Speaker
Louis VangermeerschEvidence Quote
“it is also the biggest most people don't realize this but China is the biggest gold producer in the world ... they have a ton in the ground so they probably feel if we ever need to to to get it out we can just throw more people at it [43:21]”
Source
From Wedlock to Deadlock: The East-West Divorce - with Brent Johnson and Louis Gave— In Gold We Trust [EN]Created: 8/12/2026, 6:04:21 PM
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