Where is the foreign exchange control limit of $50,000?
China residents can take the equivalent of US$ 5,000 or RMB 20,000 out of the country at most, and can remit US$ 50,000 or RMB 300,000 out of the country at most within one year. You need to declare to the customs if you bring foreign currency exceeding US$ 5,000 into the country, and you need to issue a "certificate of foreign currency carrying" to the People's Bank of China when you leave the country.