Many sites give advice on how to purchase Chinese RMB with dollars, but none that I have found discuss what restrictions there are on individuals converting RMB to dollars in China. A few years ago there was a sharp limit on how many you could convert at one bank in one day. Can anyone tell me what the rules are now, or better, tell me a reliable source so I can keep track for myself in the future?
I expect go to a bank to do it. Or would it be better to buy a money transfer at Western Union?