Not long after, the rescuers amputated Liu's leg and part of an arm in order to save him.

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Mr. Liu, Googut's chairman, said the funds are eyeing an annual return of about 20%.

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Liu, who speaks Mandarin and served as an interpreter, wasn't there for the first month.

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Dorothy Liu Yiu Chu, an NPC deputy from Hong Kong, sees China's growing exposure to international norms as a catalyst for change.

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"After news that Cyprus is selling its gold, there's speculation that other debt-ridden countries might sell theirs, " said Joyce Liu, an investment analyst at Phillip Futures in Singapore.

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