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Thread: Money in China
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[quote=YINDUFFY,268868]U.S. Dollars can be converted to Yuan in banks but they will ask to see your passport. Don't forget to bring it to the bank with you! In 2000, we had a lot of difficulty cashing traveler's checks in Shenzhen. Things are probably different now. Locals all carry wads of cash and that is the accepted way of doing business, even for larger purchases. When getting Yuan currency, before leaving the exchange center or bank, examine the money and refuse any very worn, damaged or marked bills. Take only good condition ones. Some shopkeepers and restaurant owners will refuse to accept bills that are suspect.[/quote]
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