• When China's economy gradually opened in the 1980s, the renminbi was devalued in order to improve the competitiveness of Chinese exports.
  • Chinese money is referred to by two names: the Chinese yuan (CNY) and renminbi (RMB), which translates to "People's Currency."
  • Renminbi (人民币) Çin'in resmi parası, birimi Yuan'dır (ISO 4217: CNY -ChiNa Yuan), ama çoğunlukla RMB (Ren Min Bi) kullanılmaktadır.
  • The term “Renminbi” (RMB) is the official name of the Chinese currency, while “Yuan” (CNY) is the primary unit used in everyday transactions.
  • The renminbi's fundamental unit is the yuan, but, notably in international contexts, the term is frequently used to refer to the Chinese yuan as a whole.
  • The China flag The Chinese Renminbi is the official currency of the China in circulation since 1953, about 71 years.
  • There are approximately 1,416,043,270 people around the world who use the Chinese Yuan Renminbi.
  • The Chinese renminbi currency is the legal tender in the People’s Republic of China.
  • Withdraw Renminbi from an ATM: Most foreign travelers tend to use a Chinese ATM to get cash because it’s just so convenient.
  • The renminbi was born in 1949, after the victory of the communist side in the Chinese civil war.