10. Foreign exchange
While no restrictions are imposed on the amount of foreign currency, traveller's cheques and credit cards to be brought into China, non-resident carrying more than US$ 10 000 or equivalent cash should declare this on arrival to the Customs.
Most internationally recognized currencies and travellers cheques can be exchanged for Chinese currency at the prevailing bank rates at commercial banks, hotels and at the international airport. The current exchange rate is US dollar 1 = 8.27 RMB Yuan.