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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 ...

and the value of the RMB. Friday China links. Remarks by the U.S. Treasury Secretary mark a puzzling return to an old issue: the value of China's currency.

He also speculated that negotiations over a US-China deal to strengthen China’s RMB relative to the USD in exchange for some trade relief could take place. If such a deal occurs, it could lead ...

China has launched a number of policy initiatives since June 2009 to promote the international use of its currency, the renminbi (RMB), as an approach to reduce the country’s reliance on the US dollar ...

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.