RE:China waiting for LOWER Gold prices...You make me laugh. Hong Kong is the only reported entry point for gold in China. Shanghai, Beijing, and Macau are just a few others that are not reported. Basing your assumption on a decline in imports on one variable out of possibly dozens is something an idiot would do....or perchance a sheep Bah Bah?
I am sure China's state media always prints the truth just like the NY Post...or even the White house now they have never been caught lying eh.
Just like PVG having no gold, Farq said it, it must be the truth...of the moment.