You are here

Gold loses sparkle for wary buyers in China's jewellery hub

Thursday, December 24, 2015 - 05:50

Shenzhen

AS Chinese consumers cut back on gold purchases for a second year in a row, nowhere is the slowdown being felt more than in the country's once-bustling jewellery manufacturing and retail hub of Shuibei.

Gold demand has taken a hit from a slowing economy and Beijing's anti-