{"id":55466,"date":"2009-11-30T08:18:00","date_gmt":"2009-11-30T13:18:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/china-bullish-on-gold-crude-oil-after-dubai-meltdown-2009-11"},"modified":"2009-11-30T08:18:00","modified_gmt":"2009-11-30T13:18:00","slug":"chinese-official-dubai-crisis-is-a-reminder-to-keep-buying-more-gold","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/55466","title":{"rendered":"Chinese Official: Dubai Crisis Is A Reminder To Keep Buying More Gold"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4aa59a6ec4556f7453512d95\" border=\"0\" alt=\"china gold bar\" \/><\/p>\n<p>The scare in Dubai isn&#8217;t making China feel any better about its gigantic pile of greenbacks:<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.marketwatch.com\/story\/beijing-official-urges-gold-crude-oil-purchases-2009-11-30\">Marketwatch<\/a>: China should use the shockwaves created by the Dubai crisis as an opportunity to buy gold and oil, a senior Chinese official who helps oversee some of the nation&#8217;s biggest enterprises was quoted as saying Monday.<\/p>\n<p>Ji Xiaonan, chairman of the supervisory board for large firms at State-Owned Assets Supervision and Administration Commission (SASAC), said the purchases could be funded by China&#8217;s foreign exchange reserves, although it wasn&#8217;t clear how much prices for these commodities would be affected by the crisis.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.marketwatch.com\/story\/beijing-official-urges-gold-crude-oil-purchases-2009-11-30\">Read the whole thing &gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/china-bullish-on-gold-crude-oil-after-dubai-meltdown-2009-11#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/china-stimulus-stays-through-2010-2009-11\">China: The Stimulus Will Stay Through 2010<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/dubai-stock-exchange-drops-debt-not-guaranteed-by-government-2009-11\">Dubai Stock Exchange Plummets 7%, As Government Confirms It Won&#8217;t Pick Up The Tab<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/dubai-plans-appeal-to-bondholders-2009-11\">Dubai Plans Appeal to Bondholders<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/F5RAW6qb_Sg\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The scare in Dubai isn&#8217;t making China feel any better about its gigantic pile of greenbacks: Marketwatch: China should use the shockwaves created by the Dubai crisis as an opportunity to buy gold and oil, a senior Chinese official who helps oversee some of the nation&#8217;s biggest enterprises was quoted as saying Monday. Ji Xiaonan, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-55466","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/55466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=55466"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/55466\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=55466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=55466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=55466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}