Cost Of Living China Rmb

Chinese currency is officially known as renminbi ("the people's currency"). There are roughly 13 of them to the pound. They are known as yuan, which are made up of 10 jiao (which roughly translates as shilling), which are in turn made up of 10 fen (roughly translates as pence). Confusingly, these are only their written names, in everyday speech: yuan are known as kuai (quid) and jiao as mao (bob). Fen are no longer used in the big cities
Sterling, dollars and travellers cheques can be changed at foreign exchange desks in hotels (if you are a resident at the hotel), certain banks, international airports and in some department stores. Credit cards are accepted in hotels and in many department stores, but it is always a good idea to have cash on you because China remains essentially a cash society
A 4-star hotel will set you back about £80 for the night in summer, though this obviously varies. A decent 3-star will be about £50, but you can get rooms for £20, or even less in the off-season. Tourist attractions are normally expensive, about what you'd pay at home, certainly several pounds. Taxis are about £2-4 for a city hop.
A meal can cost from 20p in a noodle bar, up to prices similar to at a Western restaurant. An average Chinese restaurant will set you back about £2/3 per person, without alcohol. Beer can be bought in large bottles from corner shops for 25p (ask for pijiu - pronounced pee-joe), but in a club or bar, expect to pay £2/3
Apartments with basic western standard 20,000 baht if you want something better 40,000 baht, Expat housing with 2-3 bedrooms $US 2000 - 3000.