While in Korea, I saw a sign that said 人民币升值了, 抓住机会 (the RMB is rising in value, seize this opportunity!).  In fact, the island of 济州岛 (Jejudo/Jeju Island) has rolled out many 措施 (measures) to attract 游客 (tourists) from China.  Even the 路牌 (road places) have Chinese names of places (this is unrelated to Korea’s use of Chinese characters in other situations).  One of the attractive point of Jeju for Chinese tourists is that they can purchase many 名牌 (name brand) products at a 免税店 (duty-free shop) without worrying about the high 关税 (tariffs) at the Chinese border for products such as makeup.  They also don’t have to weigh the option of 走私 (smuggling).

Words

人民币 ren2min2bi4 – “people’s currency” – the currency used by the PRC
升值 sheng1zhi2 – to increase in value
抓住 zhua1zhu4 – to seize
机会 ji1hui4 – opportunity
济州岛 ji2zhou1dao3 – Jejudo, an island off the southern coast of South Korea
措施 cuo4shi1 – measure(s)
游客 you2ke4 – tourists
路牌  lu4pai2 – road signs
免税店 mian3shui4dian4 – duty-free store
关税 guan1shui4 – tariff
走私 zou3si1 – smuggling