Author: 1584austin

When will China introduce the 500 rmb bank note [Copy link] 中文

Rank: 8Rank: 8

Post time 2014-5-28 11:47:13 |Display all floors
PikeStance Post time: 2014-5-28 10:12
Yeah,.. for transactions and high end stores it would be a huge plus,... but for normal transactions ...


Herr CHINOIS has installed good KOMPUTER mittleschafstaltd systems.
Big payments normally by CHEQUE, credit card or debit card.
Only small payment less than Rmb10,000 by cash.......but the bulk of transaction is CASH, as most citizens in CHINE has household expenditure of Rmb2,000 to Rmb12,000 only!

Rmb100 is only about 120 notes for MOST of the HOUSEHOLDS.

domo arigato
Xie Xie

Use magic tools Report

You can't reply post until you log in Log in | register

Contact us:Tel: (86)010-84883548, Email:
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.