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In China, there is no singular regulatory body overseeing fintech products and services. Instead, various financial services are governed...

Whether you are relocating due to new business opportunities, sourcing products, or importing goods from China, having a local bank account simplifies and makes domestic transactions more convenient. But how easy or troublesome is it to open a bank account in China as a foreigner or non-resident? In this article, we have gathered the essential information you need to know to open a bank account in China as a foreigner, including the general requirements, types of accounts, an