China moves to simplify gold trading
Chinese authorities have reduced documents required for gold trading, which is expected to simplify a complex procedure.
The People's Bank of China (PBC), the country's central bank, and the General Administration of Customs have decided to amend the regulations on the import and export of gold and gold products.
The amendment simplifies the documents that must be submitted to the People's Bank of China to apply to import and export gold.
Regulations previously required institutions applying to export gold to submit a gold reserve certificate at a gold exchange approved by the State Council.
The amendment has removed the requirement that miners must submit a gold production capacity certificate issued by industrial regulatory departments in order to export gold.
https://www.globaltimes.cn/content/1190278.shtml#.XtYeC8_pKI8.twitter
Maybe China will give real Gold values that others forced to follow as now never allowed off the lead to have a run. dyor = YEAH
China moves to simplify gold trading Chinese authorities have...
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