3 No-Nonsense Goldman Sachs Digital Journey, the Bank of China is still waiting to hear from a third country, as reported in China Today, In April, the Central Bank of China appointed an expert to conduct an investigation into the “Chinese asset-financing industry in Hong Kong, check Kong Gold, Manhua and Shanghai Gold Investments.” The insider who took the role—led by Liu Shanmin, a senior official of the Hong Kong Banking Council—said “the chairman, Chen Yuan-fu, a former chief investment officer at Goldman Sachs, participated in the investigation and agreed to the two-month probe of ‘special interests of China.’ She was also questioned by the Central Bank’s Li Keqiang if there should be any possibility of trading in Hong Kong Gold or Manhua and her main question is what was the intention of the inquiry, with the most profound questions unanswered.” According to the report, Shen Xianli, director at China Fund Management, added “All that was noted did not suggest any relationship between the money transacting in Hong Kong and the funds or financing for any of them.” “Gold mining activities in Hong Kong do not extend past local expropriation of mineral assets by Beijing, and the Hong Kong Gold Fund does not hold any corporate real estate investment on top of Hong Kong gold reserves.
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The situation is not “global,” Hong Kong Gold Fund “investments are subject to Hong Kong government regulation and are managed and held at Hong Kong’s Hong Kong Asset Exchange where their prices and volatility are highly volatile that lead to fluctuations in prices.” The Central Bank’s current statements seem to indicate the same. “In an earlier July to early August press release, the central bank said that ‘in accordance with the process, the gold sale proceeds being converted to Shen Xianli’s personal account are being taken into account. The sale is not based on foreign stock revenues earned by Shen Xianli.” As a matter of fact this is the Chinese media, which reported that the China Financial Holding Company (CFT) is behind the Beijing-China Global Gold Corp , its subsidiary owned by a large business empire of some six billionaires.
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So the Chinese media and their Chinese representatives will tell you to go back to China. Have you read and agreed to these agreements with your Chinese counterparts? If so, what action must you take after reading and agreeing to these terms? These same Chinese people will tell you to take the current regulations and lead a life of freedom and freedom again.
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