PolyU Library
Journal Call no.HD9747.A8J48
Article TitleLow gold price dampens China profits.
Is Part OfJewellery news Asia ; no.163, Mar 1998, p.28.
AbstractChina 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.