Chairman’s Opening Remarks

Abstract

Good morning, ladies and gentlemen. It is a genuine pleasure to welcome you to this, the Fifth Annual LBMA Precious Metals Conference, which is our first event to be held in China. I notice from the delegate list that both the Chinese industry and banking sectors are extremely well represented here (as we knew they would be) but the good attendance today also represents the fact that many of you have made long journeys to participate in this Conference. This no doubt reflects in large part the fact that Shanghai has become a destination of choice; not only for tourists, but also for business people the world over.