USEUROPEAFRICAASIA 中文双语Français
Home / Business

'Coins of the realm' losing their luster

By Wang Yanfei in Shanghai | China Daily | Updated: 2017-12-19 07:28

Mobile payments industry looks set to consign those shiny silver pieces to the scrapheap of business

When was the last time you saw a yifen or a 1 cent coin? Probably years ago, as today they are rarer than giant pandas.

With limited value, shoppers simply gave up on China's 1 cent (0.15 US cent) coin and consigned it to history.

'Coins of the realm' losing their luster

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US