Economy of China the stock in some firms. Lines of credit were extended by CFS to 21 securities firms, some of which also purchased up to 5% of some companies stocks. Some of the small cap stocks acquired may be overvalued. Chinese stocks fell about 10% during the last week of July 2015 with record breaking losses on Monday. The renminbi ("people's currency") is the currency of China, denominated as the yuan, subdivided into 10 jiao or 100 fen. The renminbi is issued by the People's Bank of China, the monetary authority of China. The ISO 4217 abbreviation is CNY, although also commonly
Four-letter word letters. Typical examples include the word "work", implying that work can be unpleasant, or the game of "golf", jokingly referred to as a four-letter word when a player's pastime becomes an exercise in frustration. "Charlotte Observer" journalist Doug Robarchek noted in 1993 how many politicians have names with four letters, "Ever notice how many U.S. politicians have names that are also four-letter words? Ford, Dole, Duke, Bush, Gore ... and how many make us think of four-letter words?" Four-letter word The phrase four-letter word refers to a set of English-language words written with four letters which are considered profane, including