China money & shopping

 

China’s Current Currency

In China, the official currency is the Chinese Yuan (CNY), also known as Renminbi (RMB).

Exchange Rate

Exchange Rate CNY: Tue, 18 Jun.


how to use money and how to shopping?

In China, the official currency is the Chinese Yuan (CNY), also known as Renminbi (RMB). Here are the steps to use money and go shopping in China:

  1. Exchange your currency for Chinese Yuan. You can do this at banks, currency exchange counters, or some hotels. ATMs are also widely available throughout the country, and many accept foreign cards.

  2. When shopping in China, most businesses accept cash, but major credit cards such as Visa and Mastercard are also accepted in many stores and restaurants in larger cities. However, it’s always a good idea to carry some cash with you, especially when traveling to smaller towns or rural areas where credit cards may not be accepted.

  3. To make a purchase, select the items you wish to buy, take them to the cashier, and present your payment method, either cash or credit card. The cashier will tell you the total amount due, and you will pay the amount required.

  4. It is common practice in China to bargain over prices when shopping at markets or small stores. However, bargaining is not typically done in larger stores and shopping malls.

  5. When shopping in China, it’s important to keep in mind that some stores may not accept returns or exchanges, so be sure to check the store policy before making a purchase.

  6. Finally, be aware that some stores in China may not have English-speaking staff, so it may be helpful to bring a translation app or a phrasebook to communicate with the store staff if necessary.

Overall, shopping in China is generally straightforward, and most stores and restaurants accept cash and credit cards. By following these steps, you should be able to use your money and enjoy your shopping experience in China.

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