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Mao dropped from new China note | Mao dropped from new China note |
(4 days later) | |
For the first time in nearly a decade China is issuing new banknotes without the image of Chairman Mao Zedong. | For the first time in nearly a decade China is issuing new banknotes without the image of Chairman Mao Zedong. |
The 10 yuan ($1.5; £0.75) notes instead feature Beijing's new Olympic stadium on the front, with an ancient Greek statue of a discus thrower on the back. | The 10 yuan ($1.5; £0.75) notes instead feature Beijing's new Olympic stadium on the front, with an ancient Greek statue of a discus thrower on the back. |
Both are set against the backdrop of the Temple of Heaven, sited in Beijing. | Both are set against the backdrop of the Temple of Heaven, sited in Beijing. |
Six million of the new banknotes will be issued, but most notes in | |
circulation will continue to feature Mao - the founder of Communist China. | |
In Chinese wallets and purses, the former Communist leader still commands a presence, on everything from the smallest to the biggest banknote. | In Chinese wallets and purses, the former Communist leader still commands a presence, on everything from the smallest to the biggest banknote. |
The BBC's Quentin Sommerville in Shanghai says Mao's dominance of the tender came in 1999, when his image was introduced partly as an anti-counterfeiting device, albeit an unsuccessful one. | The BBC's Quentin Sommerville in Shanghai says Mao's dominance of the tender came in 1999, when his image was introduced partly as an anti-counterfeiting device, albeit an unsuccessful one. |
Our correspondent says the Mao personality cult that once dominated China was largely killed off by the architect of China's modernisation, Deng Xiaoping. | Our correspondent says the Mao personality cult that once dominated China was largely killed off by the architect of China's modernisation, Deng Xiaoping. |
There has been some debate in political circles about removing Chairman Mao from the currency in favour of Deng Xiaoping, but no serious moves have been made. | There has been some debate in political circles about removing Chairman Mao from the currency in favour of Deng Xiaoping, but no serious moves have been made. |
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