China has issued coins for over two thousand years, including gold coins. In 1982 it introduced gold bullion coins known as pandas in convenient one ounce sizes with fractions and multiples.
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A watch is a timepiece or clock that displays the time and sometimes the day, date, month and year. In past centuries, these often took the form of pocket watches, which today are seldom carried or worn. In modern usage, watch is usually a contraction of wristwatch, a name for the most popular style of timekeeping device worn on the wrist.
Because most watches lack a striking mechanism, such as a bell or gong, to announce the passage of time, they are properly called timepieces rather than clocks.
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