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If China does have 30 000 tonnes of gold then gold backing for its currency is certainly within the bounds of credibility but even if not the amount of gold known to be flowing in to the country – and its likely accumulation of unreported gold reserves by the Central Bank – would place it in a strong position in any future world financial …

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Company Overview China Gold International Resources Corp Ltd TSX CGG – HKEx 2099 is a Canadian based profitable and growing gold and copper producer The company operates two producing mines in China the CSH Gold Mine in Inner Mongolia Region and the Jiama Copper Polymetallic Mine in Tibet Region …

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Besides being a major coal producer China is one of the world 39 s largest producers of gold and the world 39 s largest producer of antimony natural graphite During the global recession in 2008 and 2009 China tried to use its position as world 39 s biggest steelmaker and consumer of iron ore to win deals for iron ore price cuts nbsp …

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