What is the legal tender of China?

The legal tender of the People's Republic of China, issued by the People's Bank of China, is the Renminbi, literally people's currency.

• Short official name: CNY (China Yuan)

• Abbreviation: RMB

• Chinese: Ren Min Bi (人民币)

• Symbol: ￥

• Monetary unit: Yuan (元)

• Fractional units: Jiao (角) and Fen (分)