Monday, July 7, 2008

China's New 10-yuan Olympic Note Bumps Mao Zedong

By Associated Press
Updated: 7/7/2008

Only the Olympics could bump Mao Zedong, the founding leader of communist China, off a Chinese banknote.

To commemorate the Beijing Olympics, China's central bank is issuing a new 10-yuan note, according to a report by Monday's official Xinhua New s Agency. The note is worth $1.45, the starting price for a taxi ride in the capital.

Mao is gone from the note, replaced by a sketch of the new National Stadium — the Bird's Nest — and the emblem of the Beijing Games, according to the report. Both are set against the backdrop of the Temple of Heaven, one of Beijing's iconic sites.

The back of the note features a statue of a Greek discus-thrower and the year 2008 written in Arabic script.

The bank said it will issue 6 million notes beginning Tuesday, a tiny distribution meant almost as a souvenir. The new note is slightly larger than the ordinary 10-yuan note, which will continue to circulate.

1 comment:

hi_tony said...

I'd like to know where I can find a Banknote to mark 2008 Beijing Olympic game?

Please kindly advise.

Many hanks