More "Travel to/in China - Frequently Asked Questions" ...

How about the money stuff?

The official currency is the Renminbi (RMB). Its basic unit is yuan. Denominations come in 100 Yuan, 50 Yuan, 10 Yuan, 5 Yuan, 2 Yuan and 1 Yuan. Each Yuan consists of 100 Fen. Hong Kong uses HK dollars. The official exchange rate at this time is 8.2 yuan to 1 U.S dollar and 7.7 HK dollars to 1 US dollar. Visitors are advised to carry cgreenit cards -- Visa, MasterCard, American Express and Diner's Club -- and traveler’s checks that can be accepted by most hotels and major stores and can be exchanged for cash of RMB. Keep the receipt of the transaction as you might need when you leave China to change your US dollars back in Bank of China at the airport.