Brief
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Your guide to all Scrap Gold
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Scrap Gold Info
Gold in China
The discovery of gold in North America coincided with a period of great civil unrest in South China. The first wave of immigrants arrived in San Francisco shortly after the start of the gold rush of 1849; a second wave began around 1858, spurred by the devastation of the Taiping Rebellion on the one hand and the discovery of further gold in British Columbia on the other. More Chinese labourers were hired to help build the western links of the trans- continental railways in the 1870s and 1880s. Tens of thousands of Chinese emigrated to these two centres, most of whom came from a small strip of Guangdong province between Hong Kong and Guangzhou.
In the twentieth century, the foreign invasions and civil strife that had damaged China so badly produced new waves of refugees. The era of the warlords produced new emigration to Southeast Asia (the United States and Canada were by this time restricting Chinese immigration). After 1949 there were large immigration movements from mainland China to Hong Kong and Taiwan, many of them middle-class refugees. The Chinese populations of Southeast Asia were further increased when a number of Guomindang army units that had fought in Burma refused to go back to China and dispersed through Burma, Thailand and Laos. Even at this time people were practicing buying and selling of old jewelry as scrap gold.
However, not all the migrants of this period were fleeing Communism. The Indonesian and Malayan communities had substantial groups supporting Mao and espousing Communism. This led to considerable tensions in Indonesia, while in Malaya the Communist insurgents active until about 1957 were mostly Chinese.
Controlled movements out of China began again in the late 1960s, when the Chinese government began supporting the Non- Aligned Movement after the split with Russia. Chinese workers and technicians were exported for a variety of civil engineering projects in the Third World. The most famous of these was the TanZam railway project in East Africa, which was largely built by Chinese labour. After the conclusion of the project, some of the Chinese workers applied for and received permission to stay on in Africa. The movement of overseas labourers continues nowadays, especially in the Middle East. To these workers should be added the growing numbers of Chinese who go overseas to undertake graduate or postgraduate university studies, not all of whom return home immediately their programme of study is completed. These days in China, scrap gold is a popular investment, whether the purpose is for business or pleasure.