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It must be famous, although, that overseas nationals can transfer any quantity below or equal to the equal of US$500 as soon as per day without providing proof that the money was legitimately earned or that taxes have been paid on it. Chinese nationals are able to switch the equal of US$2,000 per day into a foreign checking account, nevertheless Chinese nationals face a US$50,000 annual ceiling when exchanging RMB into foreign currencies whereas foreign nationals do not face such restrictions.

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