GOLD PURCHASE BY COMMUNISTS AND GOLD SALE BY NATIONALISTS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP83-00415R003800030015-0
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: December 14, 2016
• Document Release Date: January 15, 2002
• Sequence Number: 15
• Publication Date: November 7, 1949
• Content Type: REPORT

-- Approved For Release 2002/08/14: CIA-RDP83-00415R003800030015-0
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LASSIFICATION
jF'FJ131.,L3 u:ILY
C
CENTRAL INTELLIGENCE AGENCY
REPORT NO.
INFORMATION REPORT CD NO.
DATE DISTR.
7 iiov. 1949
COUNTRY
SUBJECT
China/Hong Kong/j,.acao
Gold Purchase by Communists ana Gold bale
NO. OF PAGES
1
by -~ationalists
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NO, OF ENCLS'4
PLACE
(LISTED BELOW)
ACQUIRED
DATE OF IN
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REPORT NO.
1. Gold imports into iacao during September 1949 totalled 160,000 ounces, the
.,,e%"+ In ; n 1 A1. Q _ About 75 percent carte through Saigon,
- _ _t _ _.
f
n
oun
or a
y
and the rest through
the only large import
?. The lain, Tai and Pao Sang 3anks of Hong Kong have purchased gold on the
Hong Kong exchange for the Chinese Communist government.
3, The Kuomintang; (10/IT) has a total of 2,600,000 ounces of gold on Taiwan,
part of which is believed to belong to Generalissimo CHIUi1G Kai-shek and
V. SOONG.
/;.., between mid-July and 26 September 1949, the Central iank of China sold
290,000 ounces of gold on the .:anion, x my and Hong f tong markets**. Part
of-this gold is believed to have come from 350,E ounces of' gold purchased
by the Chinese lativrialist Government from the United States**, and the rest
from the stocks on Taiwan,
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Approved For Release 2002/08/14: CIA-RDP83-00415R003800030015-0