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Demand for gold 'to rise 25% in next four years'

Gold demand in China, which overtook India as the largest user last year, will rise about 25 percent in the next four years as the increasing population gets wealthier, according to the World Gold Council. Consumer demand will expand to at least 1,350 metric tons by 2017, the London-based council said in a report. Growth may be limited this year after 2013's price decline spurred people to buy more last year, it said.

Tianjin 'will not approve' more polluting factories