As I mentioned in my last post, life now is starting to revolve around regular family-type events, like soccer, school, and work. Having said that, however, there’s plenty of new things that are now part of our lives.
By the way, there are actually three names that are used for money here. The currency itself is called RMB, which stands for Renminbi, "the people’s money". The main unit of it is the yuan, but in spoken Chinese (at least here in Beijing), people say “kuai” instead of yuan. So a replica of an ancient Ming vase will be 5000 kuai (or perhaps 200 kuai if you negotiate it down to a reasonable level).
One yuan can be divided in 10 jiao (sort of like a dime or a “dubbeltje” if you will), which in normal life is called a mao. You can see some notes of 1 and 5 jiao in the pictures below.
Please do check out my money in the pictures here -- on the right is the pile of notes for my language school. (Thieves take note: the money is already gone!)
5, 10, 20, and 50 yuan notes:
1 jiao (the "dime" or "dubbeltje"):