BEIJING, Feb. 13 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 9 pips to 7.1719 against the U.S. dollar Thursday, according to the China Foreign Exchange ...

China’s currency, the RMB (rénmínbì 人民币), is literally "the people's currency." By adding one extra character, "serve the people" is transformed into "serve the renminbi." The parody ...

BEIJING, Feb. 7 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 7.1699 against the U.S. dollar Friday, according to the China Foreign Exchange ...