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(So Sorry ... Posted In Wrong Folder!)
by Joel on Saturday, May 26, 2012 ChinaSmack
Fancy Paying For A Car In Full With $ 1 Bills? In China, You Can!
<a href="http://s1267.photobucket.com/albums/jj559/365Wildfire/?action=view&current=wumao-041.jpg" target="_blank"><img src="http://i1267.photobucket.com/albums/jj559/365Wildfire/wumao-041.jpg" border="0" alt="Photobucket"></a>
May 23rd, Urumqi, Xinjiang Bote Car City, a customer settled on buying a brand new 29,800 RMB ($4,700) Wuling-brand minivan.
When it's time to pay the bill, he produced two large cardboard boxes from the inside of his car in which contained 400 bundles of
5 mao bills [worth 1/2 of 1 RMB or approximately Sin$0.10], the sales staff remarked that no matter large bills or small
change, it is their duty to provide service.
The customer, Mr. Wang, said this money had already been inventoried multiple times, each bundle 50 RMB, in total 20,000 RMB.
Soon after, he paid 9,800 RMB in large bills, whereupon the staff completed the transaction.
<a href="http://s1267.photobucket.com/albums/jj559/365Wildfire/?action=view&current=wumao-021.jpg" target="_blank"><img src="http://i1267.photobucket.com/albums/jj559/365Wildfire/wumao-021.jpg" border="0" alt="Photobucket"></a>
Mr. Wang told the sales staff that he worked in the cold beverages wholesale business for many years. One ice cream bar only sells
for a few cents, so the family had saved a lot of change over time.
Recently he’s wanted to buy a car, so he carried the two boxes of change to a nearby bank to exchange it for large bills, but the bank
staff balked at the large amount and refused to handle them, leaving him no other option but to bring the change to the car dealer.
The staff said there were 400 bundles of change, each bundle containing mostly five mao bills, with a small number of 1 mao bills also
mixed in. Four people counted, checking twice, taking a total of more than five hours before verifying a total of 20,000 RMB. The sales
staff remarked, “Talk about counting money until your hand cramps!”.
<a href="http://s1267.photobucket.com/albums/jj559/365Wildfire/?action=view&current=wumao-01.jpg" target="_blank"><img src="http://i1267.photobucket.com/albums/jj559/365Wildfire/wumao-01.jpg" border="0" alt="Photobucket"></a>
This isn’t the first time someone has used “Five Mao” to purchase a car though. In 2010, Qingdao City, a car dealer had a similar experience.
In that instance, a customer brought a total of 60 bundles of the 5 mao banknotes and 40 bundles of 5 mao coins, totaling 40,000 yuan
and weighing more than 100 kilograms.
by Joel on Saturday, May 26, 2012 ChinaSmack
Fancy Paying For A Car In Full With $ 1 Bills? In China, You Can!
<a href="http://s1267.photobucket.com/albums/jj559/365Wildfire/?action=view&current=wumao-041.jpg" target="_blank"><img src="http://i1267.photobucket.com/albums/jj559/365Wildfire/wumao-041.jpg" border="0" alt="Photobucket"></a>
May 23rd, Urumqi, Xinjiang Bote Car City, a customer settled on buying a brand new 29,800 RMB ($4,700) Wuling-brand minivan.
When it's time to pay the bill, he produced two large cardboard boxes from the inside of his car in which contained 400 bundles of
5 mao bills [worth 1/2 of 1 RMB or approximately Sin$0.10], the sales staff remarked that no matter large bills or small
change, it is their duty to provide service.
The customer, Mr. Wang, said this money had already been inventoried multiple times, each bundle 50 RMB, in total 20,000 RMB.
Soon after, he paid 9,800 RMB in large bills, whereupon the staff completed the transaction.
<a href="http://s1267.photobucket.com/albums/jj559/365Wildfire/?action=view&current=wumao-021.jpg" target="_blank"><img src="http://i1267.photobucket.com/albums/jj559/365Wildfire/wumao-021.jpg" border="0" alt="Photobucket"></a>
Mr. Wang told the sales staff that he worked in the cold beverages wholesale business for many years. One ice cream bar only sells
for a few cents, so the family had saved a lot of change over time.
Recently he’s wanted to buy a car, so he carried the two boxes of change to a nearby bank to exchange it for large bills, but the bank
staff balked at the large amount and refused to handle them, leaving him no other option but to bring the change to the car dealer.
The staff said there were 400 bundles of change, each bundle containing mostly five mao bills, with a small number of 1 mao bills also
mixed in. Four people counted, checking twice, taking a total of more than five hours before verifying a total of 20,000 RMB. The sales
staff remarked, “Talk about counting money until your hand cramps!”.
<a href="http://s1267.photobucket.com/albums/jj559/365Wildfire/?action=view&current=wumao-01.jpg" target="_blank"><img src="http://i1267.photobucket.com/albums/jj559/365Wildfire/wumao-01.jpg" border="0" alt="Photobucket"></a>
This isn’t the first time someone has used “Five Mao” to purchase a car though. In 2010, Qingdao City, a car dealer had a similar experience.
In that instance, a customer brought a total of 60 bundles of the 5 mao banknotes and 40 bundles of 5 mao coins, totaling 40,000 yuan
and weighing more than 100 kilograms.
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