China says it has discovered the world’s largest known deposit of gold, estimated to be worth over $80bn (£63bn). The deposit at the Wangu gold field in central China could yield more than 1,000 tonnes of gold, the Geological Bureau of Hunan was quoted as saying by Chinese state media.

Officials say that a gold field deposit in Hunan province could yield over 1,000 tonnes of the precious metal.

In a remarkable feat for the mining industry, a team of geologists in central China has uncovered what is being hailed as the world’s largest gold deposit, valued at a staggering US$83 billion (approximately 600 billion yuan).

Sweden’s prime minister says his government has formally asked China to cooperate in explaining the recent rupture of data cables on the Baltic Sea bed in an area where a China-flagged vessel was sigh

Sweden has sent China a formal request to cooperate with its investigation into damage sustained by two undersea cables in the Baltic Sea.

Sweden has sent a formal request to China seeking cooperation to help clarify what happened when two undersea cables were damaged in the Baltic Sea, Swedish Prime Minister Ulf Kristersson said on Thursday.