BEIJING, June 25 (Reuters) - China should buy more gold because the dollar is poised for a fall and the metal is needed to support the greater international role envisaged for the yuan, a researcher with the ruling Communist Party said on Thursday.
Li Lianzhong, who heads the economic department of the Party's policy research office, said China should use more of its $1.95 trillion in foreign exchange reserves to buy energy and natural resources.
Speaking at a foreign exchange and gold forum, Li also said that buying land in the United States was a better option for China than buying U.S. Treasury securities. (Reporting by Zhou Xin and Alan Wheatley; Editing by Ken Wills)