Answer All Your Questions about Taobao, Weidian and Shopping from China. Search previously asked questions or browse by category below.
The Chinese currency is Yuan, abbreviated CNY. Symbol: ¥
In other contexts you might find the term Renminbi, commonly abbreviated rmb.
For easy, tangible comparisons inside our international community we usually refer to prices in USD ($).
One common mistake is that people convert USD to Yen, the Japanese currency. The name might sound similar, but the conversion rate is very different, it's worth a lot less than CNY or USD. You need to make sure you convert to Chinese Yuan (CNY).
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