Originally Posted by choster
I believe the official currency is the renminbi, equal to ten jiao, each jiao being ten fen.
Nope. "Renminbi" just means People's Currency and is the name of China's money, while "yuan" is the base unit of said currency. The Chinese never say "renminbi", "RMB" for their money... but then again, they don't say "yuan" either, it's
kuai in normal speech.