Yes, Keep your U.S. Bank Account!
Another reason to have a U.S. bank account is so you can link it to a brokerage. Most online investment platforms won’t work with customers out of the country. Charles Schwab will, however.
Wiring money home involves a lot of paperwork. ICBC required six pieces of paperwork. CMB requires a passport, but you can only wire $500 home at a time. And they get a little miffed if you wire money home twice a month three months in a row.
Portion Sizes are Smaller
Portion sizes are smaller. Don’t expect to find one-pound bags of M and Ms in the stores.
You won’t find a good assortment of cereal either. If you want Cinnamon Toast Crunch, you’ll have to order it on Baopals, or Taobao.
Baopals is the place to go online for American/Western favorites. You’ll find probably six different brands of ketchup in the stores, but no cocktail sauce for shrimp. I discovered Baopals and have been ordering it ever since. I was desperate for Jiffy cornbread mix. It wasn’t to be found on Baopals, but a student found it for me on Taobao, at an astounding $7 a box. I tried the Betty Crocker brand on Baopals (considerably cheaper) and it was good enough for me.
Don’t think you can go into a convenience store and pick up a bag of Lays Classic. That’s an import. Lays “American Classic Flavor” is NOT the same. It makes my stomach hurt and after eating a snack size bag, the kind you’d put in a lunch kit, I had to go to the bathroom.
Coke and Snickers are Easy to Find, Cinnamon Toast Crunch, Not So Much
Coke and Snickers are easy to find. Doritos may be steak-flavored, and so will the Cheetos. They also have cucumber-flavored potato chips too. If you want a taste of home, go to Baopals.com. It was started by expats in Shanghai who wanted other expats to have a taste of home. The company also has a good sense of humor. They have a weekly post called the “Cool, the Cheap, and the Crazy,” highlighting some truly ridiculous crap, some of it actually useful and worthwhile. They have great customer service as well. They deliver to the U.S.
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