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Chinese Money|钱


A Chinese proverb states, “money is not all-powerful,but you’re powerless without it”. Hence, money remains indispensable for purchasing clothes, food, accommodation, and travel.



Currency is the most common physical form of money. China was the first nation to utilize money. The history dates back from more than 5,000 years ago. Numerous varieties of currencies have been used in ancient China, but the most influential and lasting has been round coins with a square hole in the middle that was nicknamed, kong fang xiong, “Brother of Square Hole.” Later on, kong fang xiong had become more inconvenient for Chinese to use just coins. Consequently, paper notes appeared. The paper note, Jiaozi, unearthed in today’s Sichuan province in Southwest China, is deemed to be the earliest paper money in the world. Now a more convenient and advanced form of cash, electronic money, has emerged in our modern-day era.



Traditionally, Chinese place friendship and faith ahead of money. When eating out, Chinese usually try to pay the bill. To go Dutch seems to be an act of stinginess in the eyes of traditional Chinese. This does not infer that Chinese don’t love money, actually, they value the proper methods of making and spending money. Chinese enjoy accepting money so long as it’s legally acquired. It is also encouraged to spend money on an acceptable extend. On the occasion of the Spring Festival.


As well as on the New year holiday, the most common wish is kung hei fat choy, which is a wish for prosperity. Many people post couplets that contain, kung hei fat choy, on the door, and worship the God of Fortune at home or at shops, hoping to bring in more cash with the help of the god.


Key words:

钱       qián      money

纸币    zhǐbì   paper notes

现金    xiànjīn  Cash

货币    huòbì    money; currency

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