The Chinese Currency
The official currency in China is the Renminbi (RMB or CNY), which consists of yuan, jiao and fen. 10 jiao make up 1 yuan, and 10 fens make up 1 jiao. (The equivalent of yuan, jiao and fen are dollar, 10 cents and 1 cent respectively) Money is issued in notes of 1, 5, 10,…