A foreigner can bring cash and change it at the Bank of China for RMB. Foreign money can be exchanged in China through traveler's cheques, currency conversion at banks and hotels. Credit cards can ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The ultimate goal of China's exchange rate reform is to make the yuan a fully convertible currency, Yi Gang, head of the State Administration of Foreign Exchange (SAFE), said Friday. There is no ...

Transfer pricing concerns the prices charged between associated enterprises established in different tax jurisdictions for their intercompany transactions. The relationship threshold for transfer ...

China has entered into more than 30 bilateral currency swap agreements since December 2008. As of May 15, 2015, the total value of effective currency swap agreements was RMB 2.9 trillion (US$ 468 ...

It follows China allowing its renminbi currency ... during trade talks the currency has declined, but not past the RMB 7-per-dollar threshold. According to the Financial Times, the pattern of ...

This project explores how China’s renminbi offshore market and offshore RMB centres have evolved and examines the implications of the launch of the Shanghai Free Trade Zone in 2013. China has launched ...

The central bank had continued to guide the currency firmer hours ahead of the expected imposition of the U.S. tariffs. The People’s Bank of China (PBOC ... allow RMB to adjust in response ...