CHINA TOPIX

05/18/2024 11:43:31 am

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damaged notes

Old yuan notes end up being shredded and burned to generate electricity

China Produces Electricity from Burning Money

Ever wondered where all the old yuan Banknotes ends up? Well, in order to produce biomass-generated electricity, mutilated currencies amounting up to 100 billion yuan ($15.67 billion) are being shredded then burned at Yancheng city in Jiangsu Province.

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