Strict scrutiny
Source: Xinhua |
March 20, 2015, Friday
|
Print Edition
Print Edition
CHINA’S central bank is entitled to impose restrictive examinations on gold import and export, according to a guideline issued yesterday.
The People’s Bank of China demands that all gold and gold products listed in the guideline have a certificate issued by the PBOC or its branches for customs clearance.
Only a legal person or organization with no illegal records in the last two years can apply for gold import and export permits, according to the PBOC.
The guideline will come into effect on April 1.
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