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China's official currency is the Renminbi (literally "People's Money) and is internationally traded as the Yuan. There are 2 sub group to the Yuan. The Jiao and the Fen. 1 Yuan = 10 Jiao 1 Jiao = 10 Fen Therefore 1 Yuan = 100 Fen

The Renminbi (RNB) is tied to the USD: 1 USD = 8.08 RMB. 5 (WU)JIAO the 1/2 equivalent in USD terms:~50¢US

And you will see than the (Wu) 5 Jiao is existing under the form of a banknote or a coin.

JCK

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13y ago

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