Illustration of a coin from a treasure hidden at Xiangyang during the siege in 1268-73.
China’s currency, the renminbi, is getting stronger with the Chinese economy. It is gaining worldwide attention because it has appreciated greatly due to China’s significant trade surplus, foreign reserves, and other factors. Whether the value of the renminbi will continue to grow or fluctuate are questions catching Chinese and others’ ears.
The renminbi is the monetary