Wednesday, July 1, 2015

China controls gold

Laws of the People's Republic of China

REGULATIONS ON THE CONTROL OF GOLD AND SILVER 

CHAPTER V CONTROL OF GOLD AND SILVER TAKEN INTO OR OUT OF THE PEOPLE'S REPUBLIC OF CHINA

Regulations of the PRC on the Control of Gold and Silver
    
(Promulgated June 15, 1983 by the State Council.)
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Article 28. When Chinese citizens, foreign nationals or Stateless persons residing in the People's Republic of China wish to leave the People's Republic of China to live permanently abroad the maximum amount per person of gold and silver which may be taken out of the People's Republic of China is:
gold ornaments, 1 liang (31.25 grams)
silver ornaments, 10 liang (312.50 grams)
silver utensils, 20 liang (625 grams)
An inspection shall be made by the People's Republic of China Customs and clearance given only to amounts that conform to regulations.
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Oops.

3 comments:

  1. Is this a change? The promulgation date is June, 1983.

    ReplyDelete
  2. It's not new. I just may have left with more than I was supposed to.

    ReplyDelete
  3. Well, good to know the bureaucracy is as on top of things there as they are here.

    ReplyDelete