Trending on Weibo at the moment is a story out of AnHui reporting the flood of counterfeit notes onto the streets. It appears they have been spread to elderly owners of stalls in the province. Foreigners who have been in China longer would remember a time when this was endemic in China and Zhongshan. The bills are being distributed amongst the elderly probably because they are not of a great quality and careful inspection will reveal them. Foreigners need to take care as thieves and con artists will see you as an easy target for the distribution of the money. Below is a description of what to look out for with bills however, this is not enough. You need to take other precautions as once stuck with a bad bill unfriendly Chinese will look for someone to forward it onto. Only change your money at banks or legal exchange offices and don't be tempted by that great exchange rate. When handing over a 100 or 50 rmb notes read the last three digits out loud in Chinese before you release it. Often a person stuck with a bad note or wishing to distribute bad notes will take your good one, palm it, pull out the counterfeit and declare yours is no good. Good luck getting rid of the fake note in a similar fashion, the locals are way ahead of you.
For a more extensive description of what to look for check this link which identifies that the serial numbers of fake bills can start with TJ55, AZ88, WL15, YX86, and PL078574. This is a 2013 report and I cannot confirm if this remains true.Editors Note: Be sure to say thank you and use Speechtrain for your translation and Language learning needs!
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