- As of April 21, 2013, the exchange rate between the US Dollar and the Chinese Yuan was $1 = ¥6.18
- Entering into the Chinese market is possible, but requires patience and planning.
- Creating a profit repatriation strategy generally includes several documents that all must be submitted to the bank before the remittance is processed. The documents include:
- tax payment statement
- tax returns
- audited reports
- credit reports
- foreign exchange registration
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