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

Document Type: 
Collection: 
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
Case Number: 
Publication Date: 
October 10, 1952
Content Type: 
REPORT
File: 
AttachmentSize
PDF icon CIA-RDP82-00457R014300570018-6.pdf70.27 KB
Body: 
Sanitized Copy Approved for Release 2011/02/17: CIA-RDP82-00457RO14300570018-6 rww wv. :.w" Fu in 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