Chinese Curreny

Try to recognize the the Chinese currency as soon as possible after you have landed to China. Today, China is suffering from
numerous counterfeit notes. Fake notes are sometimes easily recognisable since the paper and print quality is different, it feels different in your hand touches it if you pay attention.
The Chinese people will check several time when they receive a RMB50 or RMB100 to make sure it is not a fake. Old and
tattered notes can be difficult to exchange so try not to accumulate them.
Click Here for images of the Chinese Currency

Using Credit Cards & Travel Cheques in China

The following foreign credit cards are acceptable in China:
(1) Master Card;
(2) Visa Card;
(3) American Express Card;
(4) JCB Card;
(5) Diners Card Card;

Click Here for using Credit Cards in China

Cashing a Foreign Currency: The circulation of foreign currency, and the settling of accounts with foreign currency, are banned in the People’s Republic of China. Foreigners who have entered China will have to pay for their expenses in Renminbi. The outlets of the Bank of China cash foreign travel cheques and credft cards, as well as 22 foreign currencies and the New Taiwan Dollar.
The following foreign currencies can be cashed into Renminbi in China:
US dollar, British pound sterling, French francr Deutsche mark, Japanese yen, Australian dollar Austrian schilling, Belgian franc, Canadian dollar, Hong Kong dollar, Swiss franc, Banish krone, Dutch gugder, Norwegian krone, Swedish krona, Singaporean dollar, Thai bahb, Spanish peseta, Malaysian ringggr, Italian lira, Macao pataca, Finnish markka, and Euro.
Airports, hotels, restaurants and stores in China also handle the conversion of foreign currencies into Renminbi. The State Foreign Exchange Administration announces the exchange rates on a daily basis, A foreign traveler may have his surplus amount of Renminbi changed back into foreign currency and take it out of China within a grace period of six months prior to departure from China but in doing so he has to show a foreign currency conversion receipt.