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Does China need a larger denomination currency than the 100 yuan?
The largest denomination currency in China is the 100 yuan. While 100 yuan is a lot of money to some people (2 days pay to a migrant worker), it is not much to others (2 scotches at a good hotel bar). Is it time for China to have larger denomination currency? The value of the Hong Kong dollar is similar to the Chinese yuan and Hong Kong has bills in the denomination of 500 and 1,000 dollars.
Yes, I definitely think so. I'm in China right now and 100 Yuan is about 15 USD. In the US we have $50 and $100 dollar bills, which are used quite frequently. While one can survive with only 100 RMB bills, it would be nice not to carry stacks of money while visiting or buying something expensive 
(A stack of 100 100Yuan bills equates to about 1500 USD). It should be noted, however, that most things in China can be bought with only a few 100Yuan bills at most (clothes, food at high class restaurants, taxi transportation, etc).
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IBM Centennial Film: 100 X 100 - A century of achievements that have changed the world
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