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Home > China proposes rule changes to ease gold imports and exports

China proposes rule changes to ease gold imports and exports

Submitted by admin on Sat, 2025-09-13 09:28 Section: Daily Dispatches

From Bloomberg News
via The Times of India, Mumbai
Saturday, September 13, 2025

China is seeking to ease licensing rules for gold imports and exports as the world's largest consumer of the precious metal continues to diversify its reserves away from U.S. dollars.

The country plans to expand the use of "multi-use permits," a faster approval system, by increasing the number of ports that can accept them, according to a draft proposal from the People's Bank of China. The central bank also plans to extend their validity to nine months and remove limits on the number of times each permit can be used.

... Dispatch continues below ...


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The latest development builds on the PBOC's 2016 initiative to simplify procedures for cross-border trade in gold by reducing paperwork and speeding up imports. ...

... For the remainder of the report:

https://economictimes.indiatimes.com/news/international/business/china-proposes-rule-changes-to-ease-gold-imports-and-exports/articleshow/123869666.cms [2]

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Source URL: http://www.gata.org/node/24107

Links
[1] https://www.bullionstar.us/
[2] https://economictimes.indiatimes.com/news/international/business/china-proposes-rule-changes-to-ease-gold-imports-and-exports/articleshow/123869666.cms
[3] https://neworleansconference.com/gata/
[4] https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1
[5] http://www.gata.org
[6] http://www.gata.org/node/16
[7] https://www.gata.org/sites/default/files/GATA-silver-round-front.png