The mine in Tibet, which produces copper, as well as some silver and gold, is operated by a subsidiary of state-owned China National Gold Group, China's biggest gold producer.
The mine in Maizhokunggar county, which produces copper, as well as some silver and gold, is operated by a subsidiary of state-owned China National Gold Group, China's biggest gold producer.
And during the 2008 Games, conflicting records suggested two members of China's gold-medal team might have been just 14, but officials eventually declared they were old enough to compete.
Meanwhile, The Netherlands defeated China 2-0 to win the gold in women's field hockey .
The rebound was sparked by a flood of gold-bullion and jewelry purchases in India and China, the world's two largest gold consumers.
China also is home to a booming gold-mining industry that keeps it as the world's largest gold producer.
And what of China, the other emerging-market driver of gold demand?
Twenty minutes after Yang won China's maiden gold medal, 16-year-old Ye Shiwen triumphed in the women's 400m medley, as well as breaking the world record set in Beijing four years ago.
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The story reports that China has increased its purchases of gold five-fold in the first 10 months of this year and that they sucked in 210 metric tons of the shiny yellow metal.
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These would be shipped not to Europe but mostly to Japan--blocked by Beijing from direct trade with China--where they would be exchanged for the silver that was worth as much as gold to the Chinese.
Data cited Thursday by China's state-run Xinhua news agency showed that China imported 209.7 metric tons of gold in the first 10 months of the year, a fivefold increase compared with the same period last year.
Major gold consumers China and India saw their citizens snapping up gold jewelry and bars as prices reached two-year lows.
On the gold medal side, China is expected to just edge out the U.S. - 37 medals to 36 gold medals for the U.S., but that's really close enough to be called a tie.
Mr. Strauss also expects emerging-market countries such as China to buy more gold for their reserves, further boosting demand.
China, which finished second in the overall gold-medal count, came in third with 50, and narrowly beat Russia's 48.
In fact, worries about inflation are one of the factors driving gold-jewelry demand in India and China, he explained.
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Hong Kong-listed Zijin Mining Group, China's biggest gold miner, fell 3 percent.
In March, music giants Universal, Warner and Sony, along with China's Gold Typhoon Entertainment, settled a hard-fought music-piracy law suit with Chinese Internet company Sohu that will see the record companies receive royalties and licensing fees.
China claimed their 13th gold medal, six ahead of second-placed United States, when Zhong Man claimed victory in the men's saber fencing , defeating Nicolas Lopez of France 15-9 in the final.
With such gold-plated backing, the Americans assumed that China's government-owned national and regional airlines would buy their planes.
In 1949-50, Germany, China and Japan all went to a gold standard system after hyperinflation in all three countries.
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China should consider its leadership as the No. 1 gold market a short-term position, though.
His injury leaves his main rival, two-time world champion Yang Wei of China, as hot favourite to win gold.
Sun Yang also added to China's growing gold tally with a win in the men's 1500-meter freestyle.
Earlier Wednesday, Marlen Esparza earned a bronze medal in the 51-kilo flyweight category but narrowly failed to reach the gold-medal fight after a 10-8 semifinal loss to China's Ren Cancan, the world No. 1 and top seed.
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Saturday's fight featuring Zou Shiming China's first Olympic gold medalist in boxing will be the most-watched telecast in the professional sport's history, says his promoter, the octogenarian Bob Arum, who has represented boxers from Muhammad Ali to Manny Pacquiao.
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Gold went to Guo Jingjing of China with 645.54, with team-mate Wu Min Xia taking silver in 619.05.
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In men's floor competition, China's Zou Kai edged out Japanese rival and Olympic all-around champion Kohei Uchimura for gold.
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