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skazclaw
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JanBorgelt, post: 203706 wrote:
Most Chinese companies will make it easy for their customers by invoicing them & allowing them to pay in foreign currency (AUD in your case) but will be factoring in the costs of converting this back to their own local currency.

It may certainly be in your interests to ask your supplier to quote you in both CNY and AUD in future as there may be significant savings (sometimes up to 10%) by managing the conversion process yourself.

You know, I always thought I would prefer the method you mentioned. Though I never thought to ask, I just assumed everyone traded in USD. Next time I will ask.