Tuesday, April 22, 2008

Chinese Yuan

History, Travel, and Money converge in China whenever you pull out your wallet. China is a very robust cash based economy where people will often carry around huge sums rather than use credit cards or bank instruments.

Don't count on telling the different denominations by the person on the bill - Mao, still held in great esteem throughout the country, is on every single bill. Travel spots and pretty landscapes adorn the opposite sides.

7 comments:

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Jacob Oram said...

Every country has its own currency which is very important for that country's progress. Here, we will discuss Chinese Yuan. This currency has no fame at this time but in the future, we all will see that this currency may be become an international currency because Chinese are working hard day by day, and they are in busy to achieve their goal. Dissertation proposal writing services.

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I will tell you about Chinese Yuan currency. A Yuan is also known colloquially as a Kauai. One Yuan is divided into 10 Jiao or colloquially Mao. One Jiao is divided into 10 fens. Banknotes start at one Yuan and go up to 100 Yuan. I hope, you will understand about Chinese Yuan.

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