What does Chinese money?

Chinese money, primarily represented by the yuan (CNY), is the official currency of China. It is issued by the People's Bank of China and is also referred to as renminbi (RMB), which means "people's currency." The yuan is used in domestic transactions, while the renminbi refers to the currency in broader terms, including its international trade and investment use. In recent years, China has been promoting the internationalization of the yuan to enhance its global influence in trade and finance.