First of all, there is a reason why so many countries choose to keep gold in the United States. The underground vault of the Federal Reserve Bank of new york is known all over the world, and it didn't come for nothing. New york is a global gold trading center, so it is quite convenient to leave gold in the United States for trading and storage.

Secondly, there are many factors to consider when bringing gold back from the United States, including cost considerations. China's foreign exchange reserves are as high as $3 trillion. Compared with such a high foreign exchange reserve, a little gold is only a fraction. You can put it anywhere. The transaction and storage costs in the United States are low, so you don't need to ship it back for the time being.

Third, keeping gold in the United States is also a factor to maintain the sound development of Sino-US relations. Moreover, we also hold a large number of US dollar assets such as US Treasury bonds, which is the more valuable part. If nothing special happens, it is generally unnecessary for China to bring gold back.

Fourth, depositing gold in the United States is conducive to the internationalization of the RMB in the future. As China directly owns gold reserves overseas, RMB internationalization has a new "collateral", which helps to stabilize the international price of RMB. In fact, this reason is a bit exaggerated, and the effect is not that great.

Finally, in terms of security, there is no problem with underground vaults in the United States. As the strongest country in the world, the United States has a good reputation at present. If the United States really goes bankrupt, it will be convenient and quick to sell gold when the price rises and the dollar plummets, which will bring a direct blow to the banknote printing paper of the dollar. How happy I feel!