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  1. The yuan (/ j uː ˈ ɑː n,-æ n / yoo-A(H)N; sign: ¥; Chinese: 圓/元; pinyin: yuán; ⓘ) is the base unit of a number of former and present-day currencies in Chinese. A yuan (Chinese: /; pinyin: yuán) is also known colloquially as a kuai (simplified Chinese: 块; traditional Chinese: 塊; pinyin: kuài; lit. 'lump'; originally a ...

  2. Digital renminbi (Chinese: 数字人民币; also abbreviated as digital RMB and e-CNY), [1] or Digital Currency Electronic Payment (DCEP, Chinese: 数字货币电子支付; pinyin: Shùzì huòbì diànzǐ zhīfù), is a central bank digital currency issued by China's central bank, the People's Bank of China. [2]

  3. Sep 6, 2024 · Renminbi, monetary unit of China. One renminbi (yuan) is divided into 100 fen or 10 jiao, and banknotes are issued in denominations from 1 fen to 100 renminbi. In 2016 the renminbi became a reserve currency of the International Monetary Fund (IMF). Learn more about the currency.

  4. en.wikipedia.org › wiki › RenminbiRenminbi - Wikipedia

    Renminbi is the name of the currency while yuan is the name of the primary unit of the renminbi. This is analogous to the distinction between " sterling " and " pound " when discussing the official currency of the United Kingdom. [ 13 ]Jiao and fen are also units of renminbi.

  5. Nov 12, 2020 · China’s currency is officially the renminbi, which literally means ‘the people’s currency’, while the yuan is technically the unit of measurment of the renminbi

  6. May 10, 2023 · China is ramping up efforts to boost the yuan’s appeal as an alternative in trade and as a reserve currency in the face of US dollar hegemony, while countries from South America to the Middle...

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  8. Chinese money is no different, with the bank notes proudly diplaying the face of Mao Zedong as testament to China's recent history. In this guide, beyond the value of money in its purchasing power, we consider its value as a reflection of the Chinese people.

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