China is the biggest producer of gold in the world.
Saturday, May 07, 2011
Home
zuma fact
Zuma Fact: #150: China's gold production!
Zuma Fact: #150: China's gold production!
Post under
zuma fact
China is the biggest producer of gold in the world.
Subscribe to:
Post Comments (Atom)
Check Zuma Facts of the Day :)
Click for Zuma facts :)
Subscribe:
Subscribe to RSS Feed
Receive feed updates via your feed reader
Email Subscription
Receive feed updates via email
Be My Friend?
Popular Posts
-
The Sopranos are definitely an integral part of American pop culture since the series premiered in 1999. Through the characters of this ser... -
With the wealth that was worth today’s hundred billion dollars, this Egyptian queen was also and the first victim of tabloid writing: the my... -
Motherly, friendly, French, movie, Judas... People are kissing each other from the beginning of time. Here are some of the most interesti... -
It took ten years before Empress's prophetic words were fulfilled. In the meantime, Basil steadily climbed the Byzantine hierarchical l...
2 comments: on "Zuma Fact: #150: China's gold production!"
Because China has one of the biggest gold production economies, it explains the inflationary increase in money supply. The people of China are experiencing inflationary increase in money supply not only because of other economical factors but also because of their tendency to trade in currency for gold, an investment they believe is more valuable. This process is not only popular in China but also in places like Europe. The government needs to control such transactions in order to keep their inflationary increase in money supply under control.
Thank you Linda for such a short but detailed elaboration of China's current economy trends. :)
Post a Comment