China Expat is a cultural and literary forum for expatriates interested in China and has been published by Asia Briefing Ltd since 2001. The sites resident China culture writers have included such expatriate luminaries as 
CHINA’S FOREIGN EXCHANGE CERTIFICATES – Ten Years Gone
It is a measure of how fast time flies when we suddenly realize that in has been ten years since China finally phased out FEC, and that an entire generation of expatriates has no idea about what they were, their purpose, or even what they looked like.
Here at China Expat we’ve managed to get together an entire collection of the old FEC notes, and reproduce them here for you. But what were they and how were they used ?
Back in the late seventies, as Deng Xiao Ping began the long road to reform in China, the protection of the Yuan “Peoples Money” was so great that it was actually illegal for foreign
Related posts:
- China’s Foreign Exchange Certificates: Ten Years Gone By
- Foreign Governments Getting Free Ride
- Foreign Slackers Need Not Apply
- Rachel DeWoskin “Foreign Babes in Beijing”
- Foreign Musician, Master of the Chinese Guqin
You can leave a response, or trackback from your own site.
Very interesting! Those certificates are quite pretty and would look nice framed and hung on a wall. They look like tiny works of art.
Rent a Car Bucharest yes indeed they look nice on a wall
that is very well, I am so ashamed really, I have not seen these money yet.
I have a number of the ten yuan that were brought over by a family member who was visiting by invitation of the government. I do not know what to do with them.
i have a little collection of yens, i was in china in 2003
inchirieri auto
Wow, what money? And I own a small collection, but the pounds
Many people might not know about these foreign exchange certificates or what are they used for. When China first open their doors to foreigners, they issued these certificates to them when they visited China.
I truly agree.
This blog is superb, very well presented and all in all a great post.
There were also 100s and 50 denominated. Some locals with overseas relatives would have access to FECs too.
I also remember that there was a special queue (which was shorter) for doctors if you paid with FECs.
It's kind of a bad deal, paying 20% more for what is in fact another form of money. I'm glad those times are long gone and my hard earned money are good wherever I'd travel on this Earth.
Try North Korea.
Why bother, when everything eventually comes full circle?
Is it possible to change Chinese renminbi into dollars at the airport without a foreign exchange certificate?
Yeah! My family lived in Beijing back in 1984 and stayed there for about 10 years. I remember using this currency back in ISB. I still have a few bank notes left in my possession. I went back to visit some friends who still live in the city a few years ago. China changed so much since then!
Through the eyes an' I sparkle and Senses growing keen Taste your love along the way and See your feathers preen Kind of makes makes me feel sometimes and Didn't have to grow We are eagles of one nest and The nest is in our soul
You see enough spam, and sooner or later someone will mention Led Zeppelin, kinda like the monkeys with typewriters and Shakespeare. Bravo, sir.
Ten Years Gone is a song by English rock band Led Zeppelin from their 1975 album Physical Graffiti. Originally intended to be an instrumental piece and Jimmy Page used some 14 guitar tracks to overdub the harmony section…………………..
http://onlinefinancehelp.net/agile-informatics-business-solutions.html
they would indeed look nice on a wall
The mentioned currency version is becoming more and more rare now, I am sure only the the people who was borned after 1980 knows this kind of money, the younger generation will never have direct idea that these were the money their parents and the old Chinese poeple used. OF COURSE this kind of things now become the souvenir and the value of them are increasing.
I will soon be listing 850 Yuan in Foreign Exchange Certificates on eBay. As someone said they are very attractive bank notes and would look very nice on the wall. The 100 Yuan note has a wonderful picture of the Great Wall of China.
Hi, this is my first time visiting your site. Congrats you have one more followers now.I wish you well.
Some countries have used small bills, others have used more. I like more smaller ones, have more charm.Bucharest Apartments
Yeah, I haven’t seen these bills before but there just a nice piece of paper for a currency collection.