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China-Puppet states Banknotes Catalog

The history of banknotes in China and its puppet states is fascinating and reflects the political and economic changes in the region. From the first banknotes issued during the Tang Dynasty to the modern yuan, Chinese paper money has evolved significantly over the centuries.

Current banknotes in circulation

China' s current banknotes are known as Renminbi (RMB) or yuan. The current series, introduced in 1999, features denominations of 1, 5, 10, 20, 50 and 100 yuan. These banknotes show the portrait of Mao Zedong on the obverse and various Chinese landscapes and monuments on the reverse. In 2019, China launched a new series of banknotes with enhanced security features, while maintaining a similar design to the previous series.

Historical banknotes and puppet states.

During periods of conflict and occupation, various puppet states in China issued their own banknotes. For example, during World War II, the Japanese-controlled state of Manchukuo issued yuan-denominated banknotes. Likewise, Wang Jingwei' s collaborationist government in Nanjing issued Central Reserve Bank bills during the Japanese occupation. These banknotes are now highly sought-after collector's items by note collectors, as they represent a turbulent period in Chinese history and offer a unique insight into monetary policy during times of war and occupation.

If you are a collector, you can create your own collection and add your China-Puppet states banknotes, generate your own free pdf catalog from your control panel thanks to our complete database and use all our banknote management tools. In addition, once entered you can start exchanges with collectors from all over the world easily and for free. There are no limits at Foronum!

China-Puppet states is a country that does not exist.This country is currently part of the old banknotes of China-Peoples Republic.

Valuable banknotes

The most valuable China-Puppet states banknotes sought after by collectors are the following:

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Banknote Catalog

Exchange available In my collection

10 Yuan of Manchukuo

FO#2045 P#132
Year / Series:
Composition: Paper
Size: 145 x 80 mm
Shape: Rectangular