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How will the Wangu gold field discovery affect China's GDP growth by end of 2025?
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Economic reports from the Chinese government or international financial institutions
Story
China Discovers $83 Billion Gold Reserve in Hunan's Wangu Field
Nov 23, 2024, 11:16 PM
Geologists in China have unearthed a significant gold deposit in Hunan Province, with over 40 gold veins containing more than 1,000 tons of gold, valued at approximately $83 billion. The discovery was made in the Wangu gold field in Pingjiang County, highlighting the potential impact on China's economy and its geopolitical influence.
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