There are actually three currencies used in China. Mainland China and the Shanghai economic zones accept the Yuan or RMB. RMB stands for Riminbi or the Peoples Currency. In Hong Kong, they still use the Hong Kong Dollar(HKD). Both exchange for about the same amount. The Hong Kong Dollar is accepted in the Hong Kong Economic Zone.
Macao has its own dollars called Patacas and it exchanges a little higher than the HKD or RMB.
2007-12-07 06:16:10
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answer #1
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answered by gbdelta1954 6
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The currency of the People's Republic of China (PRC) is the rénmínbì (simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin: rénmínbì; literally "people's currency") whose first unit is the yuán (simplified Chinese: 元 or 圆; traditional Chinese: 圓; pinyin: yuán; Wade-Giles: yüan), subdivided into 10 jiao (角), each of 10 fen (分). Y or ¥ before the digits is also common as well as the use of RMB to denote the currency, and sometimes CNY.
In the other Chinese country across the strait -the Republic of China (ROC) also known as Taiwan, which also includes Penghu, Kinmen, and Matsu- the New Taiwan dollar (traditional Chinese: 新臺幣 or 新台幣; pinyin: Xīntáibì) (currency code TWD and common abbreviation NT$), or simply Taiwan dollar (臺幣), is the official currency.
2007-12-07 06:04:35
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answer #2
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answered by Dr. Phil 6
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Ren-men-bi
Translated it means "The People's Dollar"
2007-12-07 05:59:21
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answer #3
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answered by Jack X 2
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the yuan.
1 Chinese yuan = 0.134971 U.S. dollars
2007-12-07 06:00:50
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answer #4
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answered by Alison O 1
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all long gone.some Chinese pan handle for American dollars,and sell them on the black market.IF they are cough with AMERICAN
MONEY,they end up in prison for 20 years.SO you
see the dollar in the US keeps going down.in China It goes up .
2007-12-07 06:13:07
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answer #5
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answered by Anonymous
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It is either yuan or ren ming bi. S$1-$5 yuan
2007-12-07 18:47:25
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answer #6
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answered by tammy 2
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RMB- ren ming bi
\or yuan
2007-12-08 09:43:54
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answer #7
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answered by Eris 3
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Yuen
2007-12-07 05:58:35
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answer #8
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answered by White Shooting Star of HK 7
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A dorrar?
2007-12-07 06:01:54
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answer #9
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answered by moriartee 4
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Yen .
2007-12-07 07:20:46
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answer #10
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answered by Anonymous
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