China issued 3.2 billion yuan (US$450 million) worth of commemorative coins, banknotes to usher in the Year of the Dragon ...

A staff member shows commemorative coins and banknotes in celebration of the upcoming Chinese New Year at a branch of China Construction Bank (CCB) in Beijing, capital of China, Jan 3, 2025.

China’s central bank said in February it was disinfecting and isolating used banknotes using UV lights in its efforts to combat the coronavirus. Banks use ultraviolet light or high temperatures ...

118 BC: Leather Money Leather money was used in China in the form of one-foot-square pieces of white deerskin with colorful borders. This could be considered the first documented type of banknote.