Includes the local currency, other currencies commonly accepted and where, credit or debit cards accepted, access to ATMs that accept U.S. ATM networks (and which networks are readily accessible), and acceptability of travelers checks.
Last Published: 7/20/2017

The People’s Republic of China’s currency is officially called the Renminbi (RMB) and is also known as the Yuan. Colloquially, locals and expatriates may use the Chinese word “kuai,” as in “that book is 50 kuai.”  The distribution of counterfeit Chinese currency continues to plague official and private Americans. Unsuspecting Americans are passed fraudulent notes at restaurants, stores, and taxi cabs. Large numbers of 100 RMB and 50 RMB counterfeit notes continue to circulate, while even fake 20 RMB and 10 RMB (roughly three and two dollars respectively) denominations have been introduced in Beijing and other parts of the country.

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