First published by Money Metals here: https://www.moneymetals.com/news/2017/07/20/australia-exports-gold-to-china-001117

Are the Chinese getting close to announcing a new gold-backed currency? Well, if the record amount of Australian gold exports into China is an indicator, it may be close at hand. While the Chinese have been importing a lot of gold from Australia, it reached a new record high in 2017.