Sunday, November 22, 2015

Tian Shin Dim Sum Leadership 吃起来 领导

Dim Sum Leadership 
甜心领导 Tian Shin Lǐngdǎo 
Eating Together Leaderhip 
吃起来 领导 Chī qǐlái Lǐngdǎo  




1. Dialogue Values
The Feast has a number of what it calls ‘guidelines for dialogue’ to help young people explore faith in healthy and appropriate ways. In Lebanon, this is imperative as we ensure all our young participants [and their faith leaders] feel safe and secure. Given some of the recent events around the world involving so called ‘religiously inspired violence’ the following three guidelines seem particularly pertinent:
  • [We will] not judge people here by what some people of their faith do.
  • [We will] not treat people as a spokesperson for their faith. [We come as individual young people, and not representatives of our religion].
  • [I will] speak positively about my own faith, rather than negatively about other people’s. [And, in the Lebanese context we will encourage the same at it relates to political belief].
2. Working in Partnership
3. Returning to The Taste of Salt
Mark 9:50 says,
“Salt is good, but if it loses its saltiness, how can you make it salty again? Have salt among yourselves, and be at peace with each other.” [NIV]

As salt flavours all it touches, it is my prayer that The Feast [and more importantly the young people who participate in it] will help flavor their own communities and spheres of influence. Maybe it is Lebanon’s young people who will flavor the relationships between different religious and sectarian groups in Lebanon towards a future where we can see glimpses of hope amongst signs of hatred and conflict.
4. By bread and salt we are united. – Moroccan proverb
Arabic phrase, ‘baynatna khubz wa milah,‘ which translates ‘there is bread and salt between us.’ In Egyptian Arabic, the word used for bread [instead of the more typicalkhubz] is ‘aish,
5. Ceremony of greeting. in eastern European
 Getting to eat together on small delicous cuisine ? Dim sum? Tapas? Sushi? Meze? Makan Basamo? Camilan Bersama? Potluck supper ?.  Many cultures, it seems, have the same concept: a range of dishes offered in small helpings, each with its individual taste, which taken as a whole make a substantial meal and grand meal.  This book, by a world-renowned business psychologist, offers 80 concise bites of management advice and wisdom. Just like dim sum dishes, each of the 80 chapters are different in content, but ultimately complement each other. Moreover, dim sum is a nourishing meal due to its variety. In the same way, managers need to be exposed to great detail, variety of leadership essentials, e.g. self leadership, temptations, conflict and coaching. Short and crisp, each chapter is written independently to touch the heart, and is arranged in such a way that busy executives can choose to focus on any area that concerns them most. These chapters also serve to refresh the readers and to rekindle their passion, reshape their perspective and retool their competence as leaders and managers. Much wisdom and many gems can be gleaned from this insightful book. The principles and practical tips will galvanize your team to speak the same language, building a community that will grow and learn together

.

Dim Sum Leadership: Your Second Serving continues John Ng's powerful, insight-filled series on leadership. These new, bite-sized chapters are filled with well-researched, thoughtful concepts and analogies, and are sure to excite, enlighten and engage leaders at all levels


 
 you love the idea of Dimsum, a small thought or action can make a leader, Try collecting and do make delicious cuisine like   dim sum on this pocket guide.


Thursday, November 19, 2015

Terror and Terrorism by Understanding of His Viewer

Terror 恐怖 Kǒngbù
Terrorism 恐怖主义 Kǒngbù zhǔyi

“Heaven and earth condemn them”—China mourns its first citizen (Fang Jin Wei) killed by ISIL according to CNN source on first Chinese Prisoner for Sale, How china on anti Terorist led by US

During 23rd APEC meeting in Manila, President Xi Jinping condemned hardly extreme crime activities by  terrorist organization as the media amplified Terrorist by slogan : "Prisoner for Sale demanding ransom" This organization is against human civilization. quote in Cri China Radio International
 The Chinese People: Distinguishing Between Terrorism and Terror
In recent years China has experienced an upsurge in suicide attacks involving the sometimes indiscriminate killing of bystanders. They are perpetuated far from China’s restive borders in cities along the country’s eastern seaboard by individuals driven to desperation over their dealings with the country’s arbitrary and often corrupt bureaucratic and legal systems.
A July 27 People’s Daily interview with Wu Boxin, a professor at the Chinese People's Public Security University and renowned criminal psychologist, picks up on the theme of “individual terrorism” (People’s Daily, July 27, 2013). In this interview, Wu distinguished between individual or “lone wolf” terrorism (geren kongbuzhuyi) and what he refers to as “individual suicidal terror crime” (geti zisha kongbu fanzui).
Exploring examples of individual suicidal terror crime, Wu cites two well-known 2013 incidents, a small fraction of the growing overall number. The first involved itinerant worker Chen Shuizong, who set himself on fire in a public bus in the coastal city of Xiamen in June, killing a staggering 47 commuters and injuring 34. The second featured frustrated petitioner Ji Zhongxing, who in July, having been left paralyzed as the alleged result of a bashing by over-zealous security guards in his home province, detonated a homemade bomb in Beijing Airport’s Terminal 3, causing injuries only to himself and a police officer. Among China’s netizens, these attacks have elicited both condemnation and, ironically, unprecedented levels of sympathy.
Wu classes these attacks as “individual suicidal terror crime,” as apposed to “lone wolf terrorism.” According to Wu, the former is non-organized and motivated by personal issues, whereas the latter is part of something organized and often motivated by matters of religion or belief. Following this distinction, the Tian’anmen SUV incident might be classed as “individual terrorism,” given its alleged jihadist links. Accordingly, anything to do with Uighurs or Tibetans could be called “terrorism” while anything else is a “terror crime.” This is a subtle, yet important, definitional distinction that appears to be reflected in reportage by China’s state media broadly.
Self-immolation is often described within Chinese social chatter as a form of terrorism. Among Chinese blog sites there are abundant references to self-immolations and explosives and knife attacks carried out by crazed individuals as “one man’s terror” or “one man’s terrorism” (yigerende kongbu/kongbuzhuyi). However, apart from reportage on foreign incidents, such as the 2011 Norway attacks, the use of the expression in official media in reference to domestic incidents is rare (obscure mentions in reporting on a 2005 Fuzhou bus torching and the Beijing International Airport terminal incident being exceptions).
Official media appears to reserve the label of “terrorism” to self-immolations by individuals where they are seen as politically motivated and connected with an identified dissident/splittist organization, such as the “Dalai clique,” Falun Gong, or Uighur independence groups. A February 18 People's Daily editorial slamming Tibetan self-immolations categorizes such incidents as a type of terrorism due to their political purpose, use of violence and the havoc they wreak. According to Chien-peng Chung, the term “terrorist” is usually reserved for separatist and unofficial religious groups in Xinjiang and Tibet (China and Eurasia Forum Quarterly, Volume 4, No. 2, 2006). This is the case, writes Chung, because Beijing sees terrorism as a “zealous religiosity on the part of minorities that threaten to displace the state as an object of adulation.”
Terrorism and Terror in China Law
Article 104 of the draft law, “terrorism” means “any thought, speech, or activity that, by means of violence, sabotage, or threat, aims to generate social panic, influence national policy-making, create ethnic hatred, subvert state power, or split the state.”
“terrorist activity” as referred to in the “terrorism” definition. Accordingly, “terrorist activities” include (a) propagating, inciting, or instigating terrorism; or (b) forming, leading or participating in an terrorist organization; or (c) organizing, plotting, or implementing a terrorist action; or (d) supporting, assisting, or facilitating a terrorist organization or individual through the provision of information, funds, material, equipment, technologies or venues; or (e) other terrorist activities.
Article 104 also defines “a terrorist organization” and “a terrorist.” Hence, a terrorist organization refers to a relatively stable criminal group, of at least three members, established for the purpose of carrying out terrorist activities; a terrorist is either a member of a terrorist organization or a person who carries out terrorist activities.
Anti-terrorism provisions can be found in the Criminal Law and in a handful of other national laws such as the State Security Law. For example, article 120 of the Criminal Law addresses the crimes of organizing, leading, and participating in terrorist organizations. (Amendment III to the Criminal Law of the People's Republic of China (Order of the President No. 64) (Dec. 29, 2001), Congressional-Executive Commission on China website.)
There was previously no clear and precise definition of terrorist organizations, or of terrorist activities or terrorists, provided in domestic law, and the lack of clear definitions has hampered international cooperation in anti-terrorism efforts. The Decision has been passed to fill this gap. (Id.) In the Decision, terrorist activities are defined to be:
Activities that severely endanger society that have the goal of creating terror in society, endangering public security, or threatening state organs and international organizations and which, by the use of violence, sabotage, intimidation, and other methods, cause or are intended to cause human casualties, great loss to property, damage to public infrastructure, and chaos in the social order, as well as activities that incite, finance, or assist the implementation of the above activities through any other means. (Decision, art. 2.)
Criminal Law as follows:
1. Article 114 is revised to read: "Whoever commits arson, breaches a dike, causes explosion, spreads poisonous or radioactive substances, infectious-disease pathogens or other substances, or uses other dangerous means, thereby endangering public security but causing no serious consequences, shall be sentenced to fixed-term imprisonment of not less than 3 years but not more than 10 years."
2. The first paragraph of Article 115 is revised to read: "Whoever commits arson, breaches a dike, causes explosion, spreads poisonous or radioactive substances, or infectious-disease pathogens or other substances, or uses other dangerous means, thereby inflicting serious injury or death on people or causing heavy losses of public or private property, shall be sentenced to fixed-term imprisonment of not less than 10 years, life imprisonment or death."
3. The first paragraph of Article 120 is revised to read: "Whoever forms or leads a terrorist organization shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment; persons who actively participate in a terrorist organization shall be sentenced to fixed-term imprisonment of not less than 3 years but not more than 10 years; other participants shall be sentenced to fixed-term imprisonment of not more than 3 years, criminal detention, public surveillance or deprivation of political rights."
4. One article is added after Article 120a: "Whoever provides funds to any terrorist organization or individual who engages in terrorism shall be sentenced to fixed-term imprisonment of not more than five years, criminal detention, public surveillance or deprivation of political rights, and shall also be fined; if the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than five years, and he shall also be fined or his property shall be confiscated.
"Where a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the persons who are directly in charge and the other persons who are directly responsible for the offence shall be punished in accordance with the provisions of the preceding paragraph."
5. The second paragraph of Article 125 is revised to read: "Whoever illegally manufactures, trades in, transports or stores poisonous or radioactive substances, infectious disease pathogens or other substances, thereby endangering public security, shall be punished in accordance with the provisions of the preceding paragraph."
6. Article 127 is revised to read: "Whoever steals or forcibly seizes any guns, ammunition or explosives, or steals or forcibly seizes poisonous or radioactive substances, infectious disease pathogens or other substances, thereby endangering public security, shall be sentenced to fixed-term imprisonment of not less than 3 years but not more than 10 years; if the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than 10 years, life imprisonment or death.
"Whoever robs any guns, ammunition or explosives, or robs poisonous or radioactive substances, infectious disease pathogens or other substances, thereby endangering public security, or steals or forcibly seizes any guns, ammunition or explosives from State organs or members of the armed forces, the police or the people's militia, shall be sentenced to fixed-term imprisonment of not less than 10 years, life imprisonment or death."
7. Article 191 is revised to read: "Whoever, while clearly knowing that the funds are proceeds illegally obtained from drug-related crimes or from crimes committed by organizations in the nature of criminal syndicate, crimes of terrorism or crimes of smuggling and gains derived therefrom, commits any of the following acts in order to cover up or conceal the source or nature of the funds shall, in addition to being confiscated of the said proceeds and gains, be sentenced to fixed-term imprisonment of not more than 5 years or criminal detention and shall also, or shall only, be fined not less than 5 percent but not more than 20 percent of the amount of money laundried; if the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than 5 years but not more than 10 years and shall also be fined not less than 5 percent but not more than 20 percent of the amount of money laundried: ( 1 ) providing fund accounts; ( 2 ) helping convert the property into cash or any financial negotiable instruments; ( 3 ) helping transfer the funds through transferring accounts or any other form of settlement; ( 4 ) helping remit the funds to any other country; or ( 5 ) covering up or concealing by any other means the source or nature of the illegally obtained proceeds and the gains derived therefrom.
"Where a unit commits any of the crimes mentioned in the preceding paragraph, it shall be fined, and the persons who are directly in charge and the other persons who are directly responsible for the offence shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention; if the circumstances are serious, they shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years."
8. One article is added after Article 291 to be Article 291 a: "Whoever spreads hoaxes of explosive, poisonous or radioactive substances, of infectious-disease pathogens or of other substances, fabricates terrorist information invoking explosive, biochemical, radioactive or other threats, or intentionally disseminates terrorist information while clearly knowing that it is fabricated, thereby seriously disturbing public order, shall be sentenced to fixed-term imprisonment of not more than five years, criminal detention or public surveillance; if the consequences are serious, he shall be sentenced to fixed-term imprisonment of not less than five years."

UN in its Draft Comprehensive Convention on International Terrorism, by the EU in its Framework Decision of June 2, 2002 on Combating Terrorism, and by the U.S. State Department in its annual country reports on terrorism to the U.S. Congress.
Terrorism is generally defined by four key elements: violence, target, motivation and organization.The UN definition confines the element to intentional violence that causes (a) death or serious bodily injury to any person; (b) serious damage to public or private property; or (c) damage to property resulting or likely to result in major economic loss. The EU definition provides a long list of the most serious offences against persons or property. 

Wednesday, October 21, 2015

Science is the engine of prosperity -- Ilmu pengetahuan adalah mesin kemakmuran

Science is the engine of prosperity -- 
Ilmu pengetahuan science adalah mesin kemakmuran sebuah bangsa

" Science is the engine prosperity everything we see around us wealth is a product of science. Take a look at physics alone, in the cinema, television, the embedded radio radar microwaves and GPS system. World-wide-web GPS, space program, MRI machines and testing machine so the product we bought for health are the accumulating wealth we see around us comes from science however politicians don't know this politicians are in the main former lawyers in law everything the zero-sum game of taking other people money. The policies lawyer and politician made are a zero-sum game  for protecting private investments. Politicians from the lawyers that lead our nations does not come from school of science but make policy and tax and planning the budget just to take other from the same pie of budget even the budget pie for science project become thinner. Just making policy for taxing richest who has the same pie budget. Science is looking for more bigger pie by creating wealth-ness, health-ness. I believe that science is the engine of prosperity, that if you look around at the wealth of civilization today, it's the wealth that comes from science." Michio Kaku 

For example Indonesian, Traffic Jam in Jakarta, contractor and local government in Jakarta did not create standard that involved hiring Traffic Engineer but using Polices and Pamong Praja to just give signs and wonders.  Road Repair Contractor are bending iron line and cutting the iron on the road and it takes times to repair roads so traffic are accumulated. 

Jakarta does not know how to use sign road and traffic engineer  to efficiency road users.

The Best American Science Writing 2012 is yet another endlessly fascinating and mind-expanding installment of the popular science series that Kirkus Reviews calls, “Superb braincandy.” Edited by renowned theoretical physicist and bestselling author Michio Kaku, co-founder of string field theory, this collection contains the most engaging and provocative science writing of the year—gathering in one volume enthralling and eye-opening essays about the latest developments in biochemistry, physics, astronomy, genetics, evolutionary theory, cognition, and more

Space elevators. Internet-enabled contact lenses. Cars that fly by floating on magnetic fields. This is the stuff of science fiction—it’s also daily life in the year 2100.

Renowned theoretical physicist Michio Kaku details the developments in computer technology, artificial intelligence, medicine, space travel, and more, that are poised to happen over the next hundred years. He also considers how these inventions will affect the world economy, addressing the key questions: Who will have jobs? Which nations will prosper? Kaku interviews three hundred of the world’s top scientists—working in their labs on astonishing prototypes. He also takes into account the rigorous scientific principles that regulate how quickly, how safely, and how far technologies can advance. In Physics of the Future, Kaku forecasts a century of earthshaking advances in technology that could make even the last centuries’ leaps and bounds seem insignificant
 
This work is the joint product of an academician and a business practitioner, both of whom share a concern about the inadequacy of current business models and practices. It examines the business environment and explores the underlying drivers - the "Engines of Prosperity" - that set the rules of competitive rivalry. It provides advice for managers on how to operate in a world characterized by Information Age technology, rapid change, deepening global linkages, increasing returns to sale, and the continuous unbundling of value chains.

Thursday, August 20, 2015

" ... Live like no one Else...." - Hiduplah Tak Seperti yang Lain (quoted DR)

Live like no one Else - "Hiduplah tak Seperti yang lain" quote (DR)

Umur-Ku, Uang-Ku: Kapan Habiskan, atau Kapan Simpankan, dan Kapan kah? "Bagikan tuk bertambah" sekarang juga.  

Kita mendengar dari waktu ke waktu di radio dan tv : Setiap orang bisa menjadi Miliaran dengan cara investasi. Apakah semudah itu?

Dengan  disiplin dan perhatian pada beberapa pikiran sederhana di bawah ini: memperhatikan budget, membayar hutang , menabung dan membagikan tuk bertambah tidak seperti orang lain.
Bila anda berusia 20 tahunan , 30 tahunan atau bahkan 60 tahunan, apa yang anda pikir dan lakukan?

Daftar tip-tip di bawah ini untuk tiap usia tambahan 10 tahun anda. Bila anda merasakan anda telat dalam umur, umur dan simpanan. Pakailah tip tip ini untuk mengisi bensin bekerja lebih giat dan pintar dimana anda berada. Tidaklah pernah telat memulainya.
Here’s our list of the best money moves 

a. Umur 20 an — Membangun Fondasi Kuat  
Pasangan baru atau calon ? Teruskan dan lihat laman buku dibawah ini 

b. Umur 30 an — Perhatian ke Keluarga baru anda
Bila anda memiliki anak, ulang keuangan budget, dari popok anak, daycare anak, dan tempat duduk anak anda di mobil. Anda akan memiliki sedikit uang simpanan tapi anda akan mencintai keluarga anda.  

1. Mulai dari Budgeting Lama dan Arahkan Goal Lebih Besar  

2. Ambil Jalan Simpanan Pensiun yang jarak panjang  

3. Bertanyalah dan Dengar Jawaban sebelum terglambat karena gensi dan terus kebodohan.  


c. Umur 40 an — Gali Simpanan  anda 
Saat di puncak karir, anak anda sudah lewati daycare (Jadi tambahan uang dengan bagikan tuk tambah. Dari uang di bank ke stok dan mutual fund dan persentase untuk simpanan hari tua anda.  

d. Umur 50 an  — Teruskan dan Tetap Fokus 

Anda memulai kehidupan tidak terlalu banyak berpindah pindah. dan nikmatilah and Jangan mencairkan simpanan pensiun anda atau tambah persentasenya.

e. Umur 60 - 70 an - Nikmati Hasil Upaya Anda  

Pikirkan untuk membeli asuransi pensiun atau  long term care.   siap bila saat itu anda dalam keadaan darurat perlu perawatan intensif sehingga simpanan anda menguap dengan cepat.  Bersiap siap

Menang bersama uang adalah sebuah maraton bukan sebuah jalan cepat. Perlu kerja keras seumur hidup. Jadi tempatkan dan berlarilah sehingga hari hari bayaran miliaran anda bisa terwujud.  

Thursday, July 16, 2015

Selamat Hari Raya Idul Fitri -- 开斋节快乐

Selamat Hari Raya Idul Fitri 
开斋节快乐 --kāizhāi jié kuàilè

  

Ramadan adalah bulan yang paling diharapkan umatnya makmur dan Eid Al fitr adalah tahun yan baru kata " Ma Yucheng.
Di mesjid Tengri Urumqi jam 6.30 pagi, berburu mendapatkan tempat duduk untuk berdoa merayakan nya
Setelah doa bersama, 34 tahun Ma Yucheng, mengunjungi makam untuk memberikan hormat kepada saudara saudara yang telah meninggal.
Saudara muslim membersihkan makam yang telah mendahului dan meninggalkan sedikit makanan kegemaran mereka yang telah meninggal pulang ke rumah untuk merayakan sisa hari dengan keluarga.
Ma telah mempersiapkan Eid Al Fitr,  membuat jenis makanan lezat, seperti kacangan dan buah segar, roti dan daging kambing yang baru dipotong. Kelaurganya akan menikmati sebuah perayaan untuk merayakan makan pertama pada siang hari di bulan berikutnya.
Pemerintah daerah menyebutnya Eid al-Fitr, 3 hari libur untuk penganut muslim menghadiri perayaan agama dan mengunjugi  kerabat keluarga.
Untuk imam Hebayan, 3 hari ini sebuah hari yang sibut, mengunjungi penatua, yang cacat dan sakit di komunitas dan membawa persembahan dan mengulang Al Quran untuk mereka.
 Mesjid di Jalan Sutera kota Kashgar, adalah yang terbesar di Tiongkok, di sini sekitar 5000 muslimah menghadiri perayaan doa pagi bersama. 
Xinjiang berpenduduk lebih dari  21 juta penduduk, lebih dari setengah adalah muslim dari 10 suku bangsa tiongko seperti  UygurKirgizKazak and Uzbek.   Total mesjid ada sekitar   24,000 .
Selama Ramadan, muslim menahan makan, minum dan merokok dan sex dari pagi sampai sore. supaya devosi iman bisa tumbuh, orang tua dan anak anak dan yang sakit tidak diharuskan berpuasa.  
Ramadan tahun ini mulai tanggal 18 Juni 2015   Mesjid termasuk yang berwarna putih lebih dikunjungi dari hari biasanya, setengaah pengunjungnya adalah dari tempat lain.
Di  mesjid mesjid ramai ini, penjaga pintu mengawalik dari pengunjung yang datang dan pergi dengan selamat. 
Bila jalanan dipenuhi dan mengganggu jalan dari macet, Imam Abdushukur  mengaturnya. Pengunjung yang berdoa di jalan tidak diizinkan.
Sehingga Ramadan dapat berjalan damai dan harmoni, warga dari suku berbeda latar belakang, berbagi makanan di Suhoor sebelum malam tiba. 

Thursday, June 18, 2015

Money - China Currency Historical - Way of Thinking

Money - Chinese Indonesia Way of Thinking - Historical view

Money - Historically
First recorded currency or barter is "kerang laut" or shell or pei dated 1100 BC, size about 3.4 cm during Shang Dinasty , the invention of barter from material "bone and stone" coins then continued. The most often quoted example of primitive money is shells - pei in chinese- The small cowrie shell, deriving from the Maldive Islands in the Indian Ocean, is a treasured item in the civilizations of China and India from very early times. From India these attractive objects are carried along the trade routes to Africa. 
 At the end of the Shang Dynasty, northerners civilization in China found it was hard to find enough shells from the south, so they used other materials like pottery, stone, bone, jade, bronze and gold to make shell-shaped money. The unit is peng, which has evolved to mean "friend". Friend is our fortune indeed! There is no agreement on how many clustered shells a peng include. A cluster of 10 shell makes one peng, the commonly held standard unit.
Shell (bei) is an important character component in Chinese Thinking. Almost all things or acts concerning money have the component of shell or pei, such as fortune, poverty, goods, trade, businessman, tribute, greed, expense, compensation, ransom, expensive (as well as noble), and cheap (as well as humble). People like to call their dear children or pets bao bei, or more sweetly bao bao or bei bei, which literally means treasure, and implies to honey or darling.



   

Customs gold units

Customs Gold Units (關金圓, pinyin: guānjīnyuán) were issued by the Central Bank of China to facilitate payment of duties on imported goods. Unlike the National Currency which suffered from hyperinflation, the CGUs were pegged to the U.S. Dollar at 1 CGU = US$0.40.
Unfortunately, the peg was removed in 1935 and the bank allowed CGUs to be released for general use. Already awash with excessive paper currency, the CGUs only added to rampant hyperinflation.

1945–1948

After the defeat of Japan in 1945, the Central Bank of China issued a separate currency in the northeast to replace those issued by puppet banks. Termed "東北九省流通券" (pinyin:Dōngběi jiǔ shěng liútōngquàn), it was worth approximately 10 times more than fǎbì circulating elsewhere. It was replaced in 1948 by the Gold Yuan. Northeastern Provinces Yuan was an attempt to isolate certain regions of China from the hyperinflation that plagued the fǎbì currency.

Gold Yuan

The onset of World War II saw a sharp devaluation of the fǎbì currency. This was largely due to unrestrained issuance of the currency to fund the war effort. After the defeat of Japan and the return of the Kuomintang Central Government, a further reform was instituted in August 1948 in response to hyperinflation. The Gold Yuan Certificate replaced the fǎbì at the rate of 1 Gold Yuan = 3 million Yuan fǎbì = US$0.25. The Gold Yuan was nominally set at 0.22217g of gold. However, the currency was never actually backed by gold and hyperinflation continued. Currently 19 June 2015, 1 Yuan = US$ 0.16

 

Paper money in China: 10th - 15th century
Paper money is first experimented with in China in about 910, during the Five Dynasties period. It is a familiar currency by the end of the century under the Song dynasty. Another three centuries later it is one of the things about China which most astonishes Marco Polo  

Chinese Invention of paper money

Paper fabrication during the Han Dynasty (206 BC - 220 AD)
Paper fabrication during the Han Dynasty (206 BC – 220 AD)
During the Tang Dynasty (618-907) there was a growing need of metallic currency, but thanks to the familiarity with the idea of credit the Chinese were ready to accept pieces of paper or paper drafts. This practice is derived from the credit notes used by merchants for their long-distance trade.
Due to this lack of coins, also the dead had to change their habits of taking a coin with them to pay their passage to the other world. About the 6th century notes replaced coins as burial money. May we consider this as a real means of payment? Of course not, but it is remarkable that also here paper replaces very smoothly the copper coins that were used before.
At the end of the Tang period, traders deposited their values with their corporations. In exchange, they received bearer notes or the so-called hequan. Those hequan were a real success and the idea was exploited by the Authorities. Merchants were invited to deposit henceforth their metallic money in the Government Treasury in exchange for official “compensation notes”, called Fey-thsian or flying money.
During the Song Dynasty (960-1276) booming business in the region of Tchetchuan likewise resulted in a shortage of copper money. Some merchants issued private drafts covered by a monetary reserve which initially consisted of coins and salt, later of gold and silver. Those notes are considered to be the first to circulate as legal tender. In 1024 the Authorities confer themselves the issuing monopoly and under Mongol government, during the Yuan Dynasty (1279-1367), paper money becomes the only legal tender. During the Ming Dynasty (1368-1644) the issuing of notes is conferred to the Ministry of Finance.
On Sale Currency notes for Sale 
1000 Pieces of 1 Jiao Chinese Banknotes
$1,000 (50%), Bundles with 100 Banknotes
Original Bank Packaging, Guaranteed Authentic



 Chinese way of thinking about money 
Who doesn’t apply himself to business, won’t achieve much success "flow of money"