Opening a bank account in Mainland China

Re: [spiers] Opening a bank account in Mainland China

In dealing with China, i have always used Hong Kong banks, so China rules
don't apply... presently I am working on some products from China, so I have
bought RMB¥ in advance, but that is a supplier holding those, not a bank. In
this instance, it is critical, of course, that i have a god relationship. But
as
for having a bank account in a mainland chinese bank, that I have not done.

In Moscow, on the other hand, they can't sign up foreignors holding Russian
bank accounts fast enough.

John
In a message dated 1/12/04 3:40:10 AM, sourcesf@yahoo.com writes:

<country where you deal with the manufacturer). Do you or anyone else
know the deal with foreigners opening bank accts in China (pref.
Shanghai/Beijing)?....specifically what the options are and what's a
good bank if there are options. >>

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