1The system of currency of the People's Republic of China, introduced in 1948.

1. 1.1
   another term for yuan

   Example sentencesExamples

   • Another self-contradictory part of the paper is its explanation for China's increase of defense spending from 93.4 billion renminbi in 1998 to 121.2 billion renminbi in 2000, the ministry said.
   • And we certainly wouldn't have the exchange rate distortions between the renminbi and the dollar.
   • The currency, the renminbi, fixed about 8,26 to the dollar, is significantly undervalued, making China's goods cheapest and drawing the world's manufacturing into its factories.
   • The coexistence of two currencies, that is, the Hong Kong dollar and the renminbi, is a clear demonstration of the differences between the economies of Hong Kong and the mainland.
   • A very small revaluation of the renminbi will not correct China's large balance-of-payments surplus.
   • This is largely due to nonsterilized foreign exchange market interventions aimed at keeping the exchange rate between the renminbi and the dollar stable.
   • Speculation about an imminent revaluation of China's renminbi against the dollar reached a fever pitch last week in the markets.
   • Widespread is understanding that the Chinese renminbi might be a better money choice than the dollar.
   • This reinforcement of capital controls probably played a key role in averting a run on China's domestic currency, the renminbi.
   • Greater productivity would put pressure on the yuan, or renminbi to rise, but more trade liberalization and capital liberalization could put pressure on the currency.
   • What is your comment on a proposal to have Hong Kong adopt the Chinese renminbi as its official currency?
   • Currently the exchange rate policy of China's currency, the renminbi, fluctuates only slightly.
   • As a result, when you cash out, you'll receive dollars - not renminbi.
   • We are very positive because now the Asian currencies will be cheaper in value to renminbi.
   • During that period of yen weakness, according to Roach, China let it be known that a 135 yen/dollar rate was unacceptable and threatened to devalue the renminbi should the yen weakness continue.
   • This is the first change in the value of the renminbi, or yuan, since 1995, when its rate was set at 8.28 to the dollar.
   • On the campaign trail in America the resounding indictment of China - besides its low labor costs - is its currency, the renminbi, and its peg to the dollar.
   • Meanwhile, Yam said Hong Kong's exchange rate system is unlikely to be affected by the situation of the Chinese yuan, also known as the renminbi.
   • What contingency plans to do you have if China does revalue the renminbi?
   • It has also gained just 6.7 per cent relative to the pegged currencies of our trading partners: the Malaysian ringgit, the Hong Kong dollar and the Chinese renminbi.