The Chinese monetary unit refers to the currency used in China, known as renminbi or yuan. However, there are various other synonyms used to describe the currency. These include the Chinese currency, the Chinese yuan, the Chinese renminbi, and the RMB. The terms Chinese currency and Chinese yuan are the most commonly used, while the renminbi is the official name of the currency. The RMB is another abbreviation used to describe the currency, often used in financial reports and transactions. Whatever term you choose to use, it refers to the official currency of China, known for its rapidly growing economy and global influence.