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Tag Archives: kuai

Money Talks (in Chinese) Posted by on Aug 13, 2015

Chinese money.

There’s been a lot of talk about China’s currency – the RMB (renminbi) – in the past few days, as the People’s Bank of China allowed it to depreciate by 2% against the dollar. Do a brief search, and you’ll find tons of articles from financial publications all around the world speculating on the reasons…

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Chinese Currency Posted by on Mar 6, 2013

In China, the official name for currency is RMB (人民币 – rén mín bì), meaning “the people’s currency.”  However, in daily dealings it is often referred to as yuan (元 – yuán) or the slang term kuai (块 – kuài), kind of like how we say “bucks” in the US sometimes. While American dollars (美元 – měi yuán) feature various notable figures on…

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