China's continuous increase in purchases has aroused great concern in the West, especially Germany's "Deutsche Welle", who even linked China's purchases with the so-called "attack on Taiwan". However, such accusations lack factual basis and are pure nonsense.
Looking at the data, in the first three quarters of this year, central banks' ** purchases increased by 14% year-on-year to a record 800 tonnes. While China is among the world's top buyers at 200 tonnes, the gap is huge compared to the US with more than 8,000 tonnes**. In fact, China's ** reserves are only 2,215 tons, which is less than Russia's fifth-ranked ** reserves.
This begs the question: why does the international gold price continue to be **?This is not only because of the surge in demand, but more importantly, the financial policy of the United States has triggered a potential debt crisis, causing the holding of US bonds to become a loss-making trade. As a result, the central banks of major economies, including China, have chosen to sell US bonds, and China has had to increase purchases to maintain foreign exchange stability. It can be said that the underlying logic of the international gold price is the irresponsible financial policy of the United States.
However, Germany went so far as to compare China's purchases with Russia's large purchases before the outbreak of the conflict in Ukraine, in order to support their so-called "attack on Taiwan theory". There is clearly no basis for this kind of speculation. In fact, war preparations are large-scale operations that include troop movements and equipment increases, and these situations do not arise in China. Comparing the behavior of the Central Bank of Russia with China is simply nonsense. This practice of the German ** is nothing more than carving a boat for a sword, which seems stupid and bad.
For such irresponsible nonsense by the West, we should pay attention to the motives behind it. Recently, the focus of global attention has been on the situation in Gaza, and Zelensky, Ukraine, has jumped out to brush up on his presence. The West suddenly began to hype up the international gold price and the situation in the Taiwan Strait, obviously using the "China threat theory" to divert attention.
After all, the Palestinian-Israeli conflict and the conflict in Ukraine have so far remained unresolved, and these events have revealed the irresponsibility and loss of the moral image of the United States, and even the military capabilities of the United States as a hegemonic power have begun to be questioned. From the point of view of the Western camp, they would rather let the international ** pay too much attention to the negative reports on China than let the world see their ugliness.
However, in the face of the emerging general trend of the east being strong and the west weak, this low-level hype method adopted by the West can only fool those who do not know the truth, while the initiators understand this.
china'sincreaseingoldpurchaseshasdrawnhighattentionfromwesternmedia,especiallygermanmediadeutschewelle,whichhaspreposterouslylinkedchina'sgoldpurchasestotheso-called"preparationsforattackingtaiwan."however,thisaccusationlacksfactualbasisandispurelygroundless.
lookingatthedata,inthefirstthreequartersofthisyear,centralbanksaroundtheworldincreasedtheirgoldpurchasesby14%comparedtothesameperiodlastyear,reachingarecord-breaking800tons.whilechina'sgoldpurchasesreached200tons,rankingamongthetopintheworld,thegapissignificantwhencomparedtotheunitedstates,whichholdsover8000tonsofgold.inreality,china'sgoldreservesamounttoonly2215tons,evenlowerthanrussia,whichranksfifthingoldreserves.
thisraisesthequestion:whyhastheinternationalgoldpricecontinuedtorise?itisnotonlyduetothesurgeingolddemandbutalsobecausetheunitedstates'financialpolicyhascausedapotentialdebtcrisis,**holdingustreasurybondsaloss-**transaction.asaresult,majorcentralbanks,includingchina,h**echosentoreduceorevensellustreasurybonds,forcingchinatoincreaseitsgoldpurchasestomaintainforeignexchangestability.theunderlyinglogicbehindthesoaringinternationalgoldpriceliesintheirresponsiblefinancialpoliciesoftheunitedstates.
however,germanmediah**eabsurdlyassociatedchina'sgoldpurchaseswithrussia'ssubstantialpurchaseofgoldbeforetheukrainecrisis,inanattempttosupporttheirso-called"attackontaiwantheory."suchbaselessspeculationlacksanyfoundation.infact,warpreparationsinvolvelarge-scaleactionssuchastroopmobilizationandequipmentbuildup,noneofwhichh**ebeenobservedinchina.comparingtheactionsoftherussiancentralbanktochinaissimplyunfounded.thegermanmedia'sapproachisnotonlyfoolishbutalsomalicious.
themotivesbehindtheirresponsiblefabricationsbywesternmediadeserveourattention.recently,globalattentionhasbeenfocusedonthesituationingaza,andukrainianpresidentzelenskyhasalsoemergedtoseekattention.westernmediasuddenlystartedhypingtheinternationalgoldpriceandthetaiwanstraitsituation,clearlyattemptingtodistractattentionwiththe"chinathreattheory."
afterall,theongoingconflictsinpalestineandukraineh**eexposedtheirresponsibilityoftheunitedstatesandtheerosionofitsmoralimage.eventhemilitarycapabilitiesoftheus,asahegemonicpower,h**ecomeunderscrutiny.fromtheperspectiveofthewesterncamp,theywouldratherh**etheinternationalpublicoverlyfocusedonnegativereportsaboutchinathanrevealtheirownflaws.
however,inthefaceoftheemergingtrendofeaststrengthandwestweakness,suchlow-levelsensationalismemployedbywesternmediacanonlyfoolthosewhoareunawareofthetruth,whilethemastermindsbehinditunderstandthiswell.
inconclusion,itisclearthattheaccusationsmadebygermanmediaregardingchina'sgoldpurchasesandtheirconnectiontotaiwanareunfoundedandlackanyfactualbasis.theincreaseingoldpurchasesbychinaisalogicalresponsetotheirresponsiblefinancialpoliciesoftheunitedstates.themotivesbehindwesternmedia'sbaselessfabricationsshouldbeviewedwithsuspicion,asitseemstheyareattemptingtodivertattentionfromtheirownshortcomingsbysensationalizinganddistortingfactsaboutchina.inthiseraofemergingglobaldynamics,itisessentialtodiscernthetruthfromthenoiseandmaintainabalancedviewofinternationalaffairs.