China has been and remains very carefull not to buy gold outside China as it would send a critical message to markets about the US dollar and would send gold prices soaring .

Something dramatic would have to happen for them to change that policy and if they did , they would previously sell there major stakes in US dollar , but for what else ?

I don't see them doing that anytime soon . Of corse the next 25 years is a long time in the future and anything is possible in that time span .

One thing i could fathom is that private demand from China could grow to the point where it could become a factor in growing gold imports while China's central bank scoops up a larger part of national production .

Regards !

Tec