Chapter 10. Getting Your Mind on Money

In This Chapter

  • Knowing how China tightly controls its currency

  • Choosing banks and opening accounts

  • Maximizing how much money you can take out of China

  • Finding funding

  • Understanding company and individual taxes

This chapter is complicated, but it’s essential reading for doing business in China. We start with basics about China’s currency, the renminbi (RMB). Then we quickly get into how the RMB affects your day-to-day business. This chapter also covers how to get financing for your business. Finally, we discuss China’s corporate and individual tax systems and how to get your money out of China.

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