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Hong Kong businesses invoicing European clients or paying European suppliers can now send and receive money using local payment rails in the UK, Germany, Luxembourg, Denmark, and Liechtenstein — directly from their existing Statrys account.

I'm the founder of Statrys. We compete with Currenxie directly, going after the same Hong Kong businesses that need a multi-currency account. So you'd be forgiven for assuming this is about to turn into a takedown. It's not, for two reasons. First, credibility: if I write something inaccurate or biased, that costs Statrys more than it costs Currenxie. Second, business sense: talking you into an account that isn't the right fit doesn't win me a customer, it wins me an inactive account. Neither is worth it. So instead of arguing for or against Currenxie, I tested it the way you would if you were actually switching: real account, real money, no shortcuts. I opened it under my own Hong Kong company, funded it, ordered the card, sent a live transfer, and bought something with it. I screenshotted what surprised me and tracked what every transaction cost. What follows is what actually happened, including the parts that went well. Which, as a competitor, I didn't exactly want to find. The Short Version If you move money internationally and you're registered in Hong Kong, Currenxie is worth a look. The wire transfer experience is honest — the rate you see is the rate you get, fees show up before you confirm, and money moved fast. The card is where it gets murky. The FX rate on card spending is 1.95%, not the 0.1% on the pricing page. You won't find that out unless you ask the chatbot. Good account. Incomplete pricing page.

China remains the world's largest exporter, but importing from China involves more moving parts than most first-timers expect: supplier vetting, HS codes, Incoterms, pre-shipment inspections, FX management, and customs clearance all have to come together on each shipment. This guide walks through the process step by step, based on what we see work (and fail) across thousands of real import transactions. Whether you are setting up your first shipment or tightening up an existing process, each section is designed to be actionable. Founders who are still deciding where to base their trading entity may find the Hong Kong vs Singapore comparison useful before working through this guide.

Looking to start a company in China? You'll be tapping into one of the world's biggest opportunities. China's GDP reached RMB 33.42 trillion (approximately USD 4.87 trillion) in Q1 2026, growing 5.0% year on year — 0.5 percentage points faster than Q4 2025, with the National Bureau of Statistics of China (NBS) describing the economy as getting "off to a good start."  But a market this large comes with complexity. Setting up a company in China means navigating detailed licensing requirements, language barriers, and a business culture built on relationships. This guide outlines the 10 steps to launching a company in mainland China and alternative if it’s not feasible for you.