could you please suggest me the best way to carry money to shanghai?

Question

I plan to visit Shanghai on 14/8/2010-12/9/2010. Since this is my first travel to Shanghai I am worried about the money that I will be required for my stay. Could you please suggest me the best way to carry money to Shanghai and how to get it converted in local currency.

Mr.Jamie · Answer

Well, you could carry no more than USD5,000 cash to enter into China. For security consideration, I think you could pay for your hotel rate in advance online via bank. In this case, you could exchange 5,000~10,000RMB before leaving in India and take your international credit card to Shanghai.If you take Ruppe or USD to Shanghai, you could exchange at a local bank such as Bank of China in terms of real-time rate.

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Could you please suggest me the best way to carry money to Shanghai?