China foreign currency · Foreign currency in China
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Foreign currency in China
Foreign currency in China
Foreign currencies, including Hong Kong dollar or U.S. dollar, are rarely seen as a substitute for RMB except in several 5-star hotels, some shops on the border, and stock exchanges. You are unlikely to use other currencies in most transactions (after all, the average visitor comes to China to sight-see and shop, not to play day-trader, but for the curious, the minimum balance for US$ trading is US$1000 with US$19 A/C opening fee while the minimum for HK$ trading is HK$5000). If you are running out of money and only have dollar in your pocket, it usually means that you don't have money to pay the bill. Many shops don't accept it, having no idea on exchange rate and how to check if they are counterfeit.
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China Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.