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The renminbi (RMB) is the official currency of China

Release time : 2016-03-31 14:53:32
source : WTCF

The renminbi (RMB) is the official currency of China. The yuan (Chinese: 元/圆) (sign: ¥) is the basic unit of the renminbi, but is also used to refer to the Chinese currency generally, especially in international contexts. One yuan is subdivided into 10 jiao (Chinese: 角), and a jiao in turn is subdivided into 10 fen (Chinese: 分).

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