Risk of currency devaluation Our rates online are quoted in currency of US dollors. Due to the reason that everyone knows, the value of Chinese currency has increased 30% in 2006 to 2008. Now we are facing another time of big risk.
Sinoway Travel takes the risk currency devaluation now. After you have paid the deposit in USD or Euro, we will arrange your trip; start to book everything in advance for you. We will ask you to arrange the balance of this booking 30 days before your trip to China starts. Usually it is 3-6 months later than your first payment of deposit.
When you will arrange the balance of your payment, the value of Chinese currency might increase for another 10%.
Eventually, Sinoway Travel will pay all the cost for your trip, to our suppliers in China in Chinese currency. Suppliers include hotels, airlines, cruise companies, coaches, etc.
We are facing high risk of currency devaluation of US dollors.
Our oneline quotation might be different in the near future It is understandable that we update our online quotation frequently. For a semilar 10 days China trip you saw online just now, might be more expensive if you book three months later. You might have to pay 10% to 40% more, due to the currency devaluation of US dollors. Or you have to cancel the whole China vacation, only because it is too expensive.
So please orrange full payment to us today, and Sinoway Travel will cash it into Chinese Currency as soon as we receive it!
Go to our payment page now
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