Does it take up the foreign exchange purchase quota to buy Hong Kong insurance with a credit card?
Occupy. The state implements foreign exchange control, and each person has a foreign exchange purchase quota of $50,000 per year. However, shopping by credit card abroad will not occupy the quota, while buying insurance in Hong Kong can only occupy the quota of foreign exchange purchase. The foreign exchange purchase quota refers to the annual foreign exchange purchase quota, and the annual foreign exchange purchase quota refers to the amount of settlement and sale of foreign exchange equivalent to US$ 50,000 per person per year in China.