If the UN had so much power they would have stopped the US invasion of Iraq and Libya but they don't. NATO have enough fire power to take on the Russians alone. Anyway since when have NATO or Western allies cared about uni-laterism?
its only in california.
That's a deflection. You gave a link for currency control, but not for your statement below:
Money in China: Banks, ATMs, cards & currency exchange
If you’re visiting China, you’ll want to stay informed of the financial basics. This guide will cover the Chinese currency, where to find money, and the...wise.com
Exchanging currency in China
Be sure to avoid exchanging currency on the black market from street vendors. You're likely to get fake bills.
The CNY used to be pegged to the dollar but the peg was lifted in 2005. The yuan has now moved to a managed floating exchange rate based on market supply and demand of a basket of foreign currencies.
Beginning in January 2010, Chinese and non-Chinese citizens have an annual exchange limit of US $50,000. Exchange can proceed only if the applicant appears in person at the bank and presents a valid passport or Chinese ID.
Same in canada. Bc most expensive thanks to carbon tax and other charges.
www.usvisaupdate.com
Still deflecting. You're attempting to conflate capital control with exchange rate.It's not a deflection. Even in China where the Yuan is obviously readily accepted everywhere every person (even foreigners!!) has a yearly bank quota limit of $50,000 worth of Yuan that can be exchanged to a foreign currency. You can't exchange 700,000 Yuan because that is approximately double ($109,000).
Meanwhile I can walk into a main bank in New York, London, or Japan and exchange say $250,000 into 231,000 Euros and then into 31,678,726 Japanese yen...without any hesitation and likely not even any paperwork.
But 700,000 Chinese Yuan into $109,000...that's not likely.
How to Exchange Yuan for Dollars In The United States
How easy is it to exchange Yuan for Dollars in the United States once you arrive? Which banks and stores offer the service? Find out in our guide.
Is it difficult to exchange Yuan for Dollars in the U.S.?
Additionally, finding banks around the country that will take Yuan notes in exchange for Dollar bills can sometimes be tricky.
Some considerations if you want to change Yuan for Dollars at the airport:
- This is usually quite expensive as fees are applied
- The rate of exchange is often less competitive than from other travel money providers
- The exchange amount is normally limited to only $500 at a time
LMAO at plebs still talking about gas prices as China electrifies its entire automobile sector.
Quit backpeddling.
Thats because us printed trillions as stimulus and interest rate record low.
