what is the name of china's currency
Renminbi The renminbi (Ab.: RMB; Chinese: 人民币; pinyin:  rénmínbì; literally: "people's currency"; sign: 元; code: CNY) is the official currency of the People's Republic of China. The yuan (Chinese: 元; pinyin: yuán) is the basic unit of the renminbi, but is also used to refer to the Chinese currency generally, especially in international contexts where "Chinese yuan" is widely used to refer to the renminbi. The distinction between the terms renminbi and yuan is similar to that between sterling and pound, which respectively refer to the British currency and its primary unit.[4] One yuan is subdivided into 10 jiao (Chinese: 角; pinyin: jiǎo), and a jiao in turn is subdivided into 10 fen (Chinese: 分; pinyin: fēn). The renminbi is issued by the People's Bank of China, the monetary authority of China.[5]
Guangzhou Guangzhou (simplified Chinese: 广州; traditional Chinese: 廣州; Cantonese pronunciation: [kʷɔ̌ːŋ.tsɐ̂u̯] or [kʷɔ̌ːŋ.tsɐ́u̯] ( listen); Mandarin pronunciation: [kwàŋ.ʈʂóu] ( listen)), traditionally romanised as Canton,[6] is the capital and most populous city of the province of Guangdong in southern China.[7] Located on the Pearl River about 120 km (75 mi) north-northwest of Hong Kong and 145 km (90 mi) north of Macau, Guangzhou has a history of over 2,200 years and was a major terminus of the maritime Silk Road[8] and continues to serve as a major port and transportation hub today.[9]