Sentence examples for renminbi Chinese from inspiring English sources

Renminbi, ( Chinese: "people's money") also called yuan, monetary unit of China.

Expect harsh word from Mitt Romney about trade practices, the value of the renminbi, Chinese financing of the deficit and the need to increase military spending to strengthen the "pivot to Asia".

RMB = Renminbi (Chinese currency).

The depressed value of the renminbi makes Chinese goods cheaper here and American goods more expensive there.

A weaker renminbi makes Chinese goods cheaper for Americans and goods from the United States more expensive in China.

A more expensive renminbi gives Chinese households more buying power, by reducing the cost of imports to China.

BEIJING — He Fan, an economist at the Chinese Academy of Social Sciences, likes to quote Oscar Wilde when discussing the renminbi, the Chinese currency.

A weaker renminbi makes Chinese goods less expensive in foreign markets, and makes imports less affordable in China.

Thus, by permitting two clearing banks to access renminbi onshore, Chinese officials are effectively subsidising their London and Frankfurt operations and encouraging direct sterling and euro trades.

At the border we had to buy anything we could, as it was illegal to take renminbi [the Chinese currency] abroad.

But in the year since the monetary fund first said it would bestow that status on the renminbi, the Chinese currency has become less attractive.