@Xiao Hu,

You should try HSBC or ING or a smaller overseas credit union. The Chinese government dictates interest rates in the banking sector and has made many forms of private-sector lending illegal. This results in Chinese savers getting interest rates which are much lower than inflation, official estimates of which are also significantly understated.

At eight percent annual inflation - a low estimate - price levels are doubling in China every nine years. So free use of an ATM machine can be nice, but even at 5 USD per month in bank charges abroad, you'll need to have less than about 1000 USD in savings before the costs of paying for a decade of bank service became comparable with the losses you'll suffer keeping liquid assets in the Chinese banking system.