[jerf]

"The company announced that in the latest round of fundraising it had raised a cool 250 million yuan ($36) from investors that included government agencies."

Hmmm... I seem to have missed out on some super-Venezuela levels of hyperinflation happening to the yuan at some point here. You think that'd be the real news.

[Sacho]

If you weren't joking, that's a typo, the exchange rate is roughly 7:1

[simula67]

Clearly it was meant to be $36 million

[wild_preference]

Though reader has to know or assume that yuan converts into the same order of magnitude in USD which is just bad writing.

Similar to when people use 2-800 instead of 200-800: Best to just be clear.

[duxup]

In all fairness, it's not clear to me.

I really don't know currency conversions and maybe it is $360 million ....

[swiley]

I was reasonably sure it didn't actually.

[Markoff]

yeah that would be very clear in Vietnam or Indonesia for people not familiar with exchange rates

[duxup]

Man the markets must have moved a lot last night.... Turkey should feel a little better...

[jobigoud]

It's 36 millions.