Tips for the students of TESOL course in China:
Chinese currency is known as Renminbi or RMB. The Chinese call their money Yuan or Kuai. Renminbi is divided into three units and subunits, which are Yuan, Jiao and Fen. Yuan is the highest unit in the currency.
Tips on Banking in China for the TESOL students and the future ESL teachers
China has four major state owned commercialized banks. China has a closed economy and foreign banks have not yet entered the market. There are numerous ATMs and POS machines in China and most of the big shops accept cards.
The four major banks in China are :