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There is no such Chinese saying.

#1. Pound is not a Chinese unit of measurement.

#2. A unit of weight in silk can't possibly command the same unit of weight in gold. That doesn't even make sense.

#3. Chinese people are not stupid, they do not say idiotic things like that. I think you heard it from a carpet seller.

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12y ago
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Q: Was the price of a pound of silk equal to the price of a pound of gold in ancient china?
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