--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/41064098.md" description: "As for "my own money, why can't I transfer as much as I want?", this question is easy to understand from the perspective of individual rights. However, from the perspective of the national foreign exchange system, the Renminbi is not a fully freely convertible currency, and China is not a country with a fully open capital account. Owning Renminbi assets does not naturally grant the right to unlimitedly convert Renminbi into US dollars and transfer them abroad." datetime: "2026-05-23T01:02:11.000Z" locales: - [en](https://longbridge.com/en/topics/41064098.md) - [zh-CN](https://longbridge.com/zh-CN/topics/41064098.md) - [zh-HK](https://longbridge.com/zh-HK/topics/41064098.md) author: "[浩浩荡荡地](https://longbridge.com/en/profiles/19784218.md)" --- # As for "my own money, why can't I transfer as …