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How much chinese yuan to take?

WALES
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How much chinese yuan to take?

Myself and wife are going on the Travelsphere Best of Shanghai, Xian & Beijing tour lasting 8 days(6 nights accom). All meals are included only drinks, tipsetc to be paid for. We are a bit unsure of how much Chinese Yuan to take with us. Do you think £300 worth would be sufficient as never been to China before?

Dublin, California
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1. Re: How much chinese yuan to take?

It depends on how much shopping you are going to do. We usually suggest getting cash from bank ATM when you are in China, as it usually gives the best rate.

WALES
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2. Re: How much chinese yuan to take?

Ok. Not planning on doing much shopping and will use ATMs if need be, Thank you.

Sherbrooke, Canada
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3. Re: How much chinese yuan to take?

Everything is cheap. So not too much for things other than shopping.

There is no tipping in China.

Dublin, California
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4. Re: How much chinese yuan to take?

We usually take out $1,000 RMB at a time from bank ATM's for use, maybe for 1 week. But that includes paying for meals. Sometimes we need $2,000 RMB if we are treating someone to dinner.

Christchurch, New...
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for Zhuhai, Christchurch, South Island
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5. Re: How much chinese yuan to take?

Drinks vary enormously in price. If you are staying in 4 star hotels you could be paying 50 or more for a glass of wine with dinner. In a small Chinese restaurant there won't be wine by the glass but local beer will probably cost 10 RMB per bottle. If you like a drink in your room you can buy beer from 7-11 for 4 RMB per can (or if you have a bottle of duty-free spirits, budget on 3-5 RMB for mixers). I can't see how you could spend more than 1000 in 6 days.

Miami Beach, Florida
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for Shanghai Region
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6. Re: How much chinese yuan to take?

At far right-hand column on China Forum is Top Questions about China. First item is money issues.

You take money out of ATMs with your debit card as you go. Do not carry large amounts of currency, no reason to. If you convert in London you lose a lot of money, maybe more than 10%.

The amount to take depends on your shopping habits, which we do not know. That is why an ATM card is so convenient. If you find a stand of pearls and a silk shawl, among other things, get the yuan and pay cash. Few merchants take credit cards.

Melbourne, Australia
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7. Re: How much chinese yuan to take?

Much better to take a small amount to get you started. something like 500 - 600 rmb.

Then you can draw at the Bank of China with your Bankcard, Debit card or Credit card (bit expensive credit card).

You can also use your credit at the hotel to pay but beware some places do not accept credit cards. using the ATM is the way to go. safer as well.

You will probably get a better rate in China.

On another note, from the street vendors buy several packets of paper tissues as most places may not provide toilet paper.

Do not drink tap water buy bottled water if you drink water.

Have a card for each person in your group with the name and address written in both English and Chinese.

When buying anything NEVER show your money until you have agreed on the price then bring your money out.

They like bargaining at the stalls and markets.

Look for the snack alley in WANGFUJING ROAD Bottom end of the road towards the Forbidden City end. One of the expert TAers called JPDeM, kindly advised me to visit Qiamen as I like food etc. Check them out.

The subway is great and easy to use.

Take your time and try not to do too much in one day. Enjoy and absorb the atmosphere and the wonderful people.

Take with you a letter from your doctor if you or anyone takes medication. have the medication listed. It may help.

Go wander and enjoy!

Kind regards

Albon

Edited: 09 August 2011, 22:30
WALES
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8. Re: How much chinese yuan to take?

We can't wait to go now - thank you for all your help

london
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9. Re: How much chinese yuan to take?

Is the beer in China any good? I am a regular beer drinker and have tried HK beer, is it similar

Nuremberg, Germany
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10. Re: How much chinese yuan to take?

Most local beer is very drinkable plus you find a lot of foreign brands (mostly brewed localy, but also some imports).