About this episode
Shuibei, in southern China, is home to one of the world's biggest retail markets for gold. Over the past year, it's seen a boom in demand for the jewelry, sold by thousands of stallholders, as the Chinese property crisis and slowing economy spurred a flight into gold. So much so that Chinese consumers helped propel the global gold price to record highs in 2024.
On today's Big Take Asia podcast, K. Oanh Ha talks to Bloomberg's Chongjing Li about the enduring appeal of the precious metal in China, and what lies ahead.
Read more: The Epicenter of China’s Gold Craze Is a Former Fishing Village
Watch, from Bloomberg Originals: What Gold’s Crazy Run Says About China
See omnystudio.com/listener for privacy information.
Get every episode summarized
Each time Big Take Asia publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Big Take Asia
Deadly Flooding in Nepal Highlights Asia’s Climate Vulnerability
Big Take Asia
How Two-Minute Microdramas Became a Billion-Dollar Industry
Big Take Asia
The Unexpected Rise of North Korea’s Economy
Big Take Asia
The Chinese AI Model Rattling Silicon Valley and Washington
Big Take Asia