In China, gold has become a popular investment as shoppers seek safe havens amid economic uncertainty and global tensions, with prices hitting record highs. At Beijing’s Two Sessions meetings, officials expressed confidence in meeting the 5% GDP target by boosting domestic consumption and supporting the private sector, including a $138 billion fund for tech start-ups. The government is prioritizing future industries, highlighting innovations like DeepSeek’s AI chatbot, while financial markets show optimism with Hong Kong shares rallying. However, potential US tariffs pose risks, though Beijing claims readiness with ample policy tools. As economic challenges persist, gold remains a symbol of stability and security for many Chinese citizens.
