For the current year, the China Gold Association, with an increase in gold production in China and a continuing increase in gold and silver prices. Last year, Chinese producers, according to the specifications of the China Gold Association (CGA), 340.88 tons of gold have promoted. Compared with 2009 this amount corresponded to an increase of 8.6 percent. The association now expects for the current year with a continued increase in gold production in China: An increase of 10 percent is expected for 2011... CGA Vice President Cui Jianguo is also from a rising gold price, "In the second half of the gold price will rise definitely, because the underlying factors for the recent price rise has not changed. There is the European debt crisis, as are Libya and all types of economic uncertainty, "he said, according to IB Times recently told reporters... The number of gold producers in China in the past two years, allegedly due to takeovers and mergers shrunk from 1,200 to 700. The ten largest..
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