Tuesday, August 27, 2013

Chinese Man Pays For £16,000 Car With Ten Boxes Of Small Bills

Most businesses want good cash flow, but this car dealership probably regretted its decision to accept non-card payment when this deluge of small bills arrived on its forecourt.

The vast mound of money was left by a Chinese business owner, who used his loose change to buy a 153,800 yuan (£15,600) motor.

Mr Zhang dropped more than ten boxes of notes and coins, none worth more than one yuan (about 10p), at the auto market in Zhengzhou, Henan Province.

Mr Zhang received the notes from cold drinks factories at his food additives business.

They were taken to the bank, where it took two clerks several hours to count around 13,000 yuan.

It is not uncommon in China for people to make purchases from jewellery to houses with wads and wads of cash as many distrust the banks and the ruling Communist Party.

Vast amounts of bills are also often needed to do business because the Chinese authorities refuse to print any note larger than the 100-renminbi note (around £10).




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