1. Chinese friends can convert CNY into USD with restrictions. There used to be a way for Chinese nationals to convert CNY<->USD on alipay using an associated app. For CNY 10k - it's nominal so lower probability of fraud but your mileage may vary (YMMV). You can also ask other expats with USD who may want to buy your CNY. Use xe.com or some other agreed upon FOREX platform to determine the exchange rate at the time. Any nominal spare change can be made up with a cup of Salvadors et al coffee, as a courtesy. See item 7...seems I was repetitive.
2. Your bank can convert your account into an international currency account and you can convert CNY into USD and store it in your chinese bank account.
3. SWIFT (international wire transfer) it to your US bank. SWIFT fees are typically USD 30-35 (≥ CNY 180-200)+ whatever usurious hidden charges your US bank will charge you. There's also the transportation costs to & from your bank and the 20 minutes to 4 hours you'll need to cool your heels in the bank (wear a mask) while they do this for you the first time - which is always a pain - however SWIFT is the safest and gov approved mechanism for moving funds internationally. SWIFT is usually a 24-48 hour process from the time the wire is posted on SWIFT.
4. Paypal China to Paypal USA - this is a bit tricky and you may incur taxes from both China and the USA for the transfer, even if it's to yourself. You'll also incur several nickel and dime PayPal service fees, currency exchange fees, etc etc etc. My PayPal account was registered in china with PayPal Singapore (don't ask why), so I can directly withdraw CNY from my chinese bank and it's converted into USD in PayPal for a nominal fee. Paypal does NOT pay interest on funds sitting in PayPal. You can NOT link a PayPal China account with a PayPal (any other country) account - so you'll need a VPN to register another PayPal (eg Usa) account and you can then send money to yourself (make sure to annotate it as a transfer of funds to yourself to try to avoid exit taxes).
5. International currency trading platforms such as xoom (a PayPal company).
6. P2P (peer to peer aka private party to private party) such as Venmo.
7. Friends with USD wanting to buy CNY. Use xe.com or similar apps to see the current exchange rate. Last time I checked it's around CNY 6.4 ~ USD 1.
Safest path is to SWIFT the funds from your bank to your US bank account. Many of the online institutional forex (foreign exchange) sites charge a nominal transfer fee PLUS a nominal surcharge on the FOREX (eg trading CNY 6.3 per USD 1). At about CNY 10k - the SWIFT fees and the hassles and micro charges are roughly a wash - so SWIFT is safer, State approved (SAFE aka State Administration for Foreign Exchange) and as long as you transfer it to yourself - should incur no taxes - go to your local bank for SWIFT and FOREX details.
I use CCB as their FOREX reflects the current FOREX posted on xe.com.
Others have historically reported no speed bumps using ICBC.
Yunnan's population by the numbers
发布者Patrick
Thanks much - great demographic info update!
Maybe your next article (assuming the census updated that info) can be on the various GDP per capita ratios?
Report: Yunnan to have universal preschool education by 2020
发布者More preschools and more teachers always a good thing. Nothing wrong with a little nationalism and culture in todays's world. Free would be an amazing step forwards for a socialist country.