Not many people know this, but the Chinese currency is the Renminbi, not the Yuan. Yuan is the unit of the Renminbi, the same way that the UK pound is the unit of Sterling
You may hear Chinese people use the term Kuai (excuse my pronunciation) which translates into pieces. It is the same way an American may use the word “bucks” when talking about dollars
Is The Chinese Currency called the Yuan or Renminbi?
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