1. CHINESE COMMUNIST GOVERNMENT SALE OF GOLD AND SILVER ORNAMENTS 2. SHIPMENT TO USSR OF FOREIGN CURRENCY AND GOLD COLLECTED THROUGH FINES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R014300570018-6
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: December 22, 2016
• Document Release Date: February 17, 2011
• Sequence Number: 18
• Publication Date: October 10, 1952
• Content Type: REPORT

Sanitized Copy Approved for Release 2011/02/17: CIA-RDP82-00457RO14300570018-6
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CLASSIFICATION SECRET
SECURITY INFORMATION
CD NO..
rNA
DATE DISTR. 10 October 1952
COUNTRY china USSR
D DO Ir
SUBJECT 1. Chinese Communist Government Sale of NO. OF PAGES1
Gold and. Silver Ornaments
2. Shipment to USSR of Foreign Currency
DATE OF and Gold Collected. 'T'hro i h Fines NO. OF ENCLS.
INFO. (LISTED BELOW)
PLACE
ACQUIRED
OFTNE UNITED STATES, WITHIN THE MEANING OF TITLE 10, SECTIONS 79,1
AND'194, OF THE U.S. CODE, AS AMENDED, ITS TRAN`MISSION ON ROVE
PROHIBITED AY LAW?. THE. RFPRODUC1?ON OF THIS FORM IS P80810110 D.
1. The Conaiittee of Finance and Economics has opened shops In six major cities
for selling gold and silver ornaments . Shops in Shanghai, Wuch rang and Hankow
were opened some time ago People are allowed to buy 24 carat gold ornaments
without limitation,
2. The foreign currency ecuivale.t of US $8,000,000 and about 20 tons of old were
shipped by air, from Ch:..na to Moscow in several shipments 50X1-HUM
SUPPLEMENT TO 50X1-HUM
REPORT NO.
THIS IS UNEVALUATED INFORMATION
These amount were part of the foreign urrenc y and. gold turned into the People's
Bank in exchange for Jen min p'iao to p4y fines assessed. as a result of prosecution
under the three- and five. anti' s campgtgns. The total turned in was equivalent to
m 1, 000 , 000, 000,, 000 , a much larger collection than originally estimated by the
Committee of Finance and Economics.1 Most of the gold is earmarked for. the
purchase of foreign goods.A same is tai be retained to stabilize the Chinese currency.
50X1-HUM
STATE _. F~yAYY
ARMY ALR
Sanitized Copy Approved for Release 2011/02/17: CIA-RDP82-00457RO14300570018-6