Monday, July 7, 2008
China's New 10-yuan Olympic Note Bumps Mao Zedong
Only the Olympics could bump Mao Zedong, the founding leader of communist China, off a Chinese banknote.
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.