China is easing gold import/export licensing, aiming to diversify reserves from the US dollar. The People’s Bank of China (PBOC) plans to broaden the use of faster “multi-use permits” by increasing authorized ports and extending permit validity. This builds on a 2016 initiative to streamline gold trade. Post navigation Real estate sector: Institutional investors infuse $80 bn since 2010; foreign capital dominates 57% inflows Chinese auto market: Govt unveils plan to ‘stabilise’ sector; emphasis on ‘cost surveys and price monitoring’
