Currently China has:-
Gold Silver Bronze Total
China 6 3 0 9
United States 3 4 4 11
South Korea 3 2 0 5
China is in the lead when it comes to gold, but with the US dominates when it comes to swimming and track. Also with Michael Phelps winning his first gold, it is expected that he will win a few more, participating in 8 events that can win him gold medals. He got 6 gold medals out of his last olympics, and ... he's only 23 this year.
This article describes the anticipation for swimming fans out there for
Michael Phelps to blow his competition out of the water.
Also, view
United States 4x100 Freestye relay world record breaking photos