MoneyAndBanking

Check the exchange rate at: [|XE.COM Currency Converter]

A Quick Guide while shopping:
The Bank of China issues Renminbi (RMB or ‘People’s Money’). Paper notes are issued in denominations of one, two, five, 10, 50, and 100 yuan; one, two and five jiao: and one, two and five fen. Coins are in denominations of one yuan; five jiao; and one, two and five fen. Hong Kong dollars are occasionally used in the SEZ but are not used in other parts of China. RMB is often accepted in Hong Kong, at par - which is losing a little for the RMB holder.
 * ==100.00 CNY== || ===== || ==13.2468 USD== || 08/2007 ||
 * ==100.00 CNY== || ===== || ==13.9092 USD== || 02/2008 ||
 * ==100.00 CNY== || ===== || ==14.6300 USD== || 01/2009 ||
 * China Yuan Renminbi ||  || United States Dollars ||
 * 1 yuan equals 10 Jiao equals 100 fen**

RMB BANKNOTES
[|Photos of Chinese Currency] -- Notice the 'old' and 'new' banknotes All the new Yuan notes have a picture of the man himself - Chairman Mao. So if you see Mao's smiling face looking up at you, then its a full Yuan. If no Mao its a Jiao.
 * ATMs:** ATMs at __some__ Chinese banks (Examples: China Bank, China Construction Bank) will dispense cash from US VISA and MasterCard Bank Cards. There are also special "Foreign Cards Only" ATMs located at the Shekou Coastal Rose 7-11 and at the big Mall near Shekou Walmart. ATMs usually dispense 100RMB notes.