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Thread: [Shenzhen] Best currency/denomination for shopping?
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[quote=WANHU,365386]Dear Guest Albert I'm not an expert, but wish to share my experience. 1. In mainland China only Yuan is accepted (except in some business establishments in Luohu where HKD is also accepted). If possible, change your AUD to RMB/Yuan in Australia at an authorised money changer or bank. You may also bring in AUD to China and exchange them in any commercial banks. But you lose in exchange commission. 2. Not many business establishments accept credit cards but cash. Many hotels and emporiums do accept credit cards (and no surcharge was imposed to me). In fact, the exchange rate is better by using credit card(s). 3. Lo Wu is in Hong Kong while Luohu is one of the districts in Shenzhen. Each is within a walking distance. 4. Please be careful of Yuan fake notes in all denominations of 100, 50, 20 and 10. For 1Y fake note you won't lose so much. Wan[/quote]
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