That is slightly bearish for the gold market as it is limiting physical buying interest from the Chinese this week.
The Chinese government this week also began evacuation procedures for nationals in Japan residing in areas affected by the Friday, March 11 earthquake.
Gold has also benefitted from some improvement in Chinese economic data this week, Bhar added.
FORBES: Focus: Safe-Haven Buying Boosts Gold; Diverges From Equities and Rises With Dollar
This is precisely the question asked by a number of Chinese luxury sites and blogs this week.
FORBES: Will Chinese Shoppers Embrace Luxury Goods--Sans Logo?
No doubt Brazil was in the thoughts of Chinese leaders when, this week, they reiterated their commitment not to devalue the yuan.
China ushered in the Chinese New Year earlier this week.
BBC: US basketball star Kobe Bryant joins China's Sina Weibo
This week a Chinese newspaper, Global Times, published an essay by a member of the country's Academy of Military Science.
And in one of the coolest art projects we came across this week, Chinese artist Wang Yuyang used thousands of compact fluorescent light bulbs to create a replica of the Moon.
Jeep and Aston Martin are among many foreign automakers hoping to woo hundreds of thousands of Chinese consumers visiting the show this week, especially as China has become the world's largest auto market amid a sales slump in Europe and tepid growth in the United States.
According a poll in China this week, the Chinese actually respect the Tiger mothers.
Asian traders are awaiting a fresh batch of Chinese economic data due out later this week and during the upcoming weekend.
Eddie Lam, whose Chinese restaurant had its grand opening this week, reports that at least four-fifths of his Asian customers order their food in English.
Then this week, the Chinese securities regulator approved the country's first gold fund designed to invest in overseas-listed gold ETFs, a move analysts interpreted as another bullish sign for gold.
But a Chinese foreign-ministry spokesman said this week that he had not heard of any change in China's policy of helping North Korea cope with its shortages of food and energy.
And in one of the most controversial stories we came across this week, a Chinese developer is proposing to flatten 700 mountains in the Lanzhou area in order to build a new city.
But this week, French and Chinese destroyers staged joint manoeuvres off the Chinese coast, the Chinese navy's biggest ever with a foreign country, according to the Chinese press.
According to reports cited this week by iFeng (Chinese), e-commerce only accounted for about 2.6% of the total revenue in the Chinese luxury market last year, but owing to changing consumer attitudes towards online shopping, rising brand awareness and improved supply chains, the industry is projected to grow around 20% annually.
Barclays Capital said this week in a note to clients that it expects that the Chinese economy is bottoming out this quarter, with GDP growth of under 8 percent before rising above that in the third and fourth quarter.
Earlier this week, both Russian and Chinese officials have called for a cease fire in Libya.
FORBES: No Obama Support from Brazil, Russia, China on Libya Front
Secretary of State John Kerry has talked with his Chinese counterpart, Yang Jiechi, twice this week, according to the State Department.
Chinese troops have repaired a dam cracked in this week's earthquake, but officials remain concerned about the damage to reservoirs in the devastated Sichuan province.
All three of those Chinese Internet titans are expanding internationally: Just this week, Baidu teamed up with France Telecom to launch a mobile browser service in Africa and the Middle East.
Multiple tech sites also are pointing this week to a post from Chinese tech site MyDrivers ( Google translation) which quoted sources on Apple's supply chain in that country saying the new device will have a 7.85-inch screen and be the same thickness as the iPad 2.
However, earlier this week, another report in the Chinese media said that the Chengdu facility was increasing its speed of churning out iPad 2s.
But few of the overseas pros this week - the field largely comprises local Chinese players - will be familiar with Shanghai Silport GC.
This week, secondary-market yields on Chinese government bonds ticked up by 0.1 percentage point, while those on bonds issued by banks rose between 0.1 and 0.15 percentage points.
Earlier this week, Sina, a leading Chinese online media company, announced a strategic partnership with AutoNavi Holdings Limited, a provider of digital map content and navigation and location-based solutions in China, in an effort to enhance the social, location and mobile offerings of both the companies.
FORBES: Sina Enhances Its Mobile Portfolio By Partnering With AutoNavi
Chinese Eastern Airlines canceled a mammoth order for 24 Boeing 787 Dreamliners this week in favor of the much smaller 737 aircraft, the company said.
FORBES: Chinese Airline Cancels Boeing Dreamliner Order; Airbus Not Spared
This week we talked about the growing reach and influence of Chinese soft power around the world, and the advent of the e-bike on Beijing streets (Kuo and Osnos both worship at the temple of the e-bike, and never resist an opportunity to proselytize).
This week Hilton and Starwood launched major initiatives aimed at wooing outbound Chinese travellers, widely expected to be the next wave of global tourists.
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