Journal Call no. | HD9747.A8J48 |
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Article Title | Low gold price dampens China profits. |
Is Part Of | Jewellery news Asia ; no.163, Mar 1998, p.28. |
Abstract | China produced a record amount of gold in 1997, but the industry is buckling under the weight of thin profits brought about by lower gold prices. China's gold output in 1997 reached a record 166.3 tons, up 37.8 percent from 120.6 tons in 1996, but despite this, about 33.3 percent of China's 1,200 gold enterprises were losing money, China Daily said. |