Arts & Culture 
 Human Rights 
 U.S. Asian Policy 

Home > East Asia > 

China privatizes gold trade again (photo)

 Related Articles
Traditional Culture: One Must Pay Back One's Debts
Acts Upon a Stage (Part 5 of 5)
Acts Upon a Stage (Part 4)
Acts Upon a Stage (Part 3)
Taiwan's Culture of Food
Acts Upon a Stage (Part II)
Chinese Dance in Ancient History
Acts Upon a Stage (Part I)
A Story from History: Jiang Balang Paid His Debt
China's Slavery Scandal Reveals Weaknesses in Governance
[December 18, 2002, China] A jewelry saleswoman in Nanjing, China, is showing off a gold bar that is for sale. Trading of gold in China had been strictly monopolized by state under the Communist rule... until now. From December 18, 2002, it will be legal once again for private enterprises to engage in the gold trading business. Shown in the photo is a 200-gram gold bar, which amounts to 19,100 yuan or USD $2,300.

© Copyright 2002-2007 AFAR