Originally Posted by
tauphi
No the $50k thing is only temporary. It's been in place since April due to the World Expo. However, I just found out that it's been extended til the end of December thanks to the Asian Games.
I don't know about the expiration/extention date. But I can absolutely, positively, 1000% without equivocation state that in Beijing at least,
as far back in late 2005, the exchange limit policy of $50K USD per year for individuals, $10K per month was in place and enforced. And hasn't changed yet. YMMV where you are. I'm not betting on seeing any cancellation of this policy as of the end of December, either. Mostly because I can't see, from the Chinese govt point of view, why it would be beneficial to either lower or raise this limit at this time.