China's asset managers, who have been approved to raise $70 billion for allocation overseas, are seeking additional funds to invest in gold and precious metals as soaring inflation spurs interest in alternative assets as a way to protect wealth.

Five companies have been approved this year to raise cash for investment in precious metals products overseas via the qualified domestic institutional investors program, said Hu Miao, an analyst at Shanghai-based fund research firm Z-ben Advisors Ltd 

China National Gold targets RMB 100-bln revenue in 2015 China wants domestic gold production to reach 14.5 million ounces by 2015,Sun said the company will accelerate its overseas expansion, including the merges and acquisitions!


PUT Maoling Gold Project in the Liaoning Province in CGG NAME!