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China uses the Renminbi (RMB) as its official currency, which is often referred to by its primary unit, the yuan (CNY). The People's Bank of China is responsible for issuing and regulating the currency. The yuan is used for domestic transactions, while the term "renminbi" refers to the currency as a whole, including different denominations. In international trade, the yuan is increasingly being used, especially as China expands its economic influence.
What else can I help you with?
What country first made use of paper money?
China
What kind of money do they use in china?
They use the yuan 1 U.S. dollar = 6.82589197 Chinese yuan
What kind of money does China use?
They use the renminbi whose principal unit is the yuan. 1 US$ = 6,8 yuan
What money do they use in china?
they use yens Coins:5cents 10cents 50cents $1 $2 Notes:100$ 50$ 5$ 10$
Which ancient culture invented paper and money?
The Ancient Chinese invented paper and money. Money was invented by the first king of China and paper was invented by a man in China by bamboo.
Who were the first to use money?
china
Where was the first use of paper money?
china
What is the form of money use in china?
It is yuan
What kind of money does China use now?
Yuan
What is the first country to use coin money?
China
Were in the world was the first paper money use?
China
Does china use paper or coins for money?
coins
What was the first nation to use paper money?
china ithink
What country first made use of paper money?
China
Why did china begin to use paper money?
paper money was first used because of a metal shortage
What group of people was the first to create and use paper money?
The first users of paper money where in China
How much is 250 dollars Chinese money worth in American money?
China does not use the dollar as its currency.
