The RMB (Renminbi) is the official currency of China. It is possible to exchange USD, Euro and most other currencies, but please note that most hotels only exchange a small amount of USD and Euro, so you will have to go to a bank for larger amounts. Most major credit cards such as VISA, American Express and MasterCard are accepted in China, but some ATMs of smaller banks (usually those without the name “China” in them) may have problems accepting foreign credit cards.