Explanation & Key Takeaways: China: • The "Yuan" is the official currency of the People's Republic of China. • It is also known as Renminbi, which means “the people's currency” in Mandarin. • The capital of China is Beijing. Thus, Yuan is the currency of China. Related Concepts: +-------------+-----------+--------------------------------+ | Country | Capital | Currency | +-------------+-----------+--------------------------------+ | Pakistan | Islamabad | Pakistani rupee | | Sri Lanka | Colombo | Sri Lankan Rupee | | Russia | Mosco | Rouble | | Afghanistan | Kabul | Afghan Afghani | | Iran | Tehran | Rial (to be replaced by Toman) | | Indonesia | Nusantara | Indonesian Rupiah | | Nepal | Kathmandu | Nepalieese Rupee | | Japan | Tokyo | Yen | +-------------+-----------+--------------------------------+ Clarification: • Because of the rial’s low value, the Iranian parliament voted to gradually remonetize the nation’s currency from the rial to the toman between 2020 and 2022, with an exchange rate of 1 toman = 10,000 rials. • Colombo is the executive and judicial capital of Sri Lanka; Sri Jayewardenepura Kotte, is the legislative capital.