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Is it illegal not to accept RMB?
It is illegal for a property to refuse RMB. According to the People's Bank of China Law of the People's Republic of China, the legal tender of People's Republic of China (PRC) is RMB. No unit or individual may refuse to pay all public or private debts in People's Republic of China (PRC) in RMB. Anyone who encounters rejection can complain to the competent RMB authority, namely the People's Bank of China. At the same time, it is also suspected of infringing on consumer rights.
Legal objectivity:
Regulations of People's Republic of China (PRC) on the Administration of Renminbi Article 3 The legal tender in People's Republic of China (PRC) is Renminbi. No unit or individual may refuse to pay all public or private debts in People's Republic of China (PRC) in RMB. Article 6 of the Regulations of People's Republic of China (PRC) Municipality on the Administration of Renminbi, all units and individuals shall take good care of Renminbi. It is forbidden to damage the RMB and hinder its circulation.
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