virtualreview

china: news and opinion

2000 bank outlets in Beijing can exchange currency

As of the end of June, there are over 2000 bank outlets in Beijing that are qualified to exchange foreign currencies. Of these, 295 are located in the areas near Olympic Games events and are fully qualified and equipped to exchange foreign ... ...full story at People's Daily

from People's Daily on Mon, Jul 07 2008

see also:

14 Jun 08 visit Patriot News Hour_6/13/08: "Freaky Friday" pt4  »  YouTube videoChinese "Gold Dragons" Target $2,000 an Ounce Meantime in China, the Bank of Beijing -- the country's largest commercial bank by assets -- just became the 24th bank to gained approval for Trading Gold on the Shanghai Gold Exchange (SGE). The Bank of...
14 Aug 08 visit China's central bank to set up foreign exchange department  »  People's Daily The People's Bank of China, the central bank, would establish a foreign exchange department. With the approval of the State Council, the Cabinet, major functions of the new department include: administering foreign exchange, regulating domestic...
29 Aug 08 visit SAFE to start annual checks on banks' foreign exchange controls  »  People's Daily China is to launch annual checks on banks' foreign exchange management to further strengthen the country's control over foreign currency, the State Administration of Foreign Exchange (SAFE) said. The country's top foreign exchange regulator will...
12 May 08 visit ATMs around Olympic areas accept foreign currency bank cards  »  People's Daily In order to establish the payment environment for Beijing Olympics, the local government in Beijing had set a goal to disseminate services accepting RMB cards and foreign currency bank cards with a ratio of prevalence of over 90% around Oly ...
06 Mar 08 visit Mainland willing to facilitate cross-Straits currency exchange  »  People's Daily The Chinese mainland is willing to provide more convenience in currency exchange for people on both sides of the Taiwan Straits, central bank governor Zhou Xiaochuan said Thursday. Although there is no direct currency exchange betwe ...
16 Jul 08 visit How to negotiate a purchase contract with Chinese supplier properly? Part 2  »  Success Stories (3) price or remuneration Factor in the rapid appreciation of RMB(Chinese Yuan) against USD and other main foreign currencies when you are negotiating the price and contract. The currency exchange rate should be based on the currency exchange rate chart...

« Today's Stories