[Shuibei Market Temporarily in a Semi-Grounded State] In early November, Mr. Zhou, who is engaged in gold production and processing at Shuibei Market in Shenzhen, China's largest gold wholesale market, suddenly encountered a standstill in orders. "Some processing plants may need to temporarily adjust their production schedules," he said. He added that this is not an isolated phenomenon; the trading activity at Shuibei Market has declined significantly recently, entering a "semi-grounded" state. Behind this is the gold industry chain "digesting" the impact of the newly introduced gold tax policy.
