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8 unusual facts about Renminbi


Chinese cash

Renminbi, the official currency of the People's Republic of China (PRC), whose principal unit is the Yuan

Chinese National Geography

Each copy contained 32 pages and was sold for 0.13 yuan.

Long March 5

The new production facility would have an area totaling more than half a million square meters at the cost of RMB 4500 million (USD 650 million), with the first stage of the construction scheduled to be completed by 2009.

Renminbi

The renminbi (RMB, sign: ¥; code: CNY; also CN¥, 元 and CN元) is the official currency of the People’s Republic of China.

The yuan (元/圆) (sign: ¥) is the basic unit of the renminbi, but is also used as a synonym of the currency, especially in international contexts – the ISO 4217 standard code for renminbi is CNY, an acronym of “Chinese yuan” (a similar case is the use of the terms sterling and pound to designate the British currency and unit).

Snow Leopard Commando Unit

Each SLCU operator is estimated to be outfitted with CNY 300,000 (approximately US$ 39,000) worth of equipment.

Solar water heating

Solar water heating systems have become popular in China, where basic models start at around 1,500 yuan (US$235), much cheaper than in Western countries (around 80% cheaper for a given size of collector).

Zong Lei

By the beginning of the 2006 league season newly promoted Changchun Yatai were interested in him and he was allowed to leave after a 2 million yuan transfer.


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Balance of payments

China has been requested to allow the renminbi to appreciate but until 2010 had refused, the position expressed by her premier Wen Jiabao being that by keeping the value of the renmimbi stable against the dollar China has been helping the global recovery, and that calls to let her currency rise in value have been motivated by a desire to hold back China's development.

Chinese Aviation Museum

The entrance fee is RMB ¥50 for the indoor displays, and some smaller exhibits inside the museum, such as the Orbis flying hospital airplane or Mao's airplane, cost ¥5 to enter.

Internationalization of the renminbi

Gordon G. Chang, author of The Coming Collapse of China, argues that China’s "excessively selfish" currency policy does not sit well with other nations, and such efforts to loosen control of the renminbi is part of China's ploy to deflect international pressure.

KBS PS UAV

What’s unique about the quadcopter developed by Officer Mergen Bater is that all subsystems are purchased online, so in comparison to the average Renminbi 200,000 unit price of brand name hexacopters marketed by other established UAV manufacturers, the quadcopter developed by Officer Mergen Bater only cost a tiny one percent, around Renminbi 2,000, while being able to perform most of the same missions assigned.

Wu Hao

The 2009 league season was however very disappointing for him as he often found himself on the substitute bench and once reigning champions Beijing Guoan showed an interests within him he was sold with team mate Wang Xiaolong for a combined fee of 2,000,000 RMB.

Zhu Junyi

He allegedly took bribes and was accused of having illegally loaned some 3.2 billion Yuan from the Shanghai Social Security Fund to Fuxi Investment Holding Co., a company owned by businessman and fellow Chinese People's Political Consultative Conference (CPPCC) member Zhang Rongkun (张荣坤).


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