How to care for Chinese money plant

Getting to know the Chinese money plant

Native to China’s Yunnan and Sichuan provinces, the Pilea peperomioides is a member of the nettle family. Known for its sleek, succulent-like stems and round leaves, the plant’s appearance evolves as it grows. Over time, its central stem becomes woodier at the base, giving it the look of a small indoor tree. In early spring, small white Chinese money plant flowers may appear and last for several weeks. 

The Chinese money plant typically grows up to 60 cm tall and thrives in well-lit indoor spaces. Also known as the “Pancake plant” for its flat, round leaves, this plant is a decorative addition to any home. 

How to care for a Chinese money plant

The perfect indoor plant

If you’ve fallen for the charm of the Chinese money plant, here’s a crucial tip: keep it as an indoor plant. This tropical beauty doesn’t tolerate cold temperatures well, making Australian interiors a perfect fit. You can move it outside during summer, but it thrives best in living rooms or offices year-round. 

Best plant companions for your Chinese money plant

The Chinese money plant shines as a standalone feature in a stylish pot or as part of an indoor succulent arrangement. Pairing it with other low-maintenance plants can create a trendy indoor garden while also improving air quality. 

For variety, consider Pilea depressa, a trailing relative of the Chinese money plant, which adds cascading greenery to shelves and hanging baskets. Or for a fresh, modern look, combine it with other low-maintenance plants like succulents or ferns. Succulents and the Chinese money plant share similar light and watering requirements, making them perfect companions. Together, they create a vibrant indoor garden that’s easy to care for and adds natural beauty to any space. 

When to repot your Chinese money plant

Repot your Chinese money plant every two to three years or sooner if its roots start emerging from the pot. If you’ve just bought one, consider repotting it straight away if the roots look cramped. 

Steps for repotting a Chinese money plant

1. Mix a standard potting mix with a little coarse sand or grit to create a light, well-draining substrate. 

2. Position your plant in the pot and fill it with the soil mix, ensuring the root ball is well-covered. 

3. Water generously, allowing excess to drain away. 

4. Find the right spot for your plant to flourish. Bright, indirect light is ideal. During winter, if your plant appears a bit droopy, simply move it closer to a window to give it an extra boost. 

Chinese money plant propagation

Want to share your plant with friends or family? Good news: propagating the Chinese money plant is incredibly simple. Look for baby plants (offsets) growing at the base of the main stem and wait until they are about 6–7 cm tall. 

How to propagate Chinese money plant: Two propagation methods

Direct soil planting: 

1. Use a sterile cutting tool to carefully separate the offset. 

2. Plant it in a small pot filled with propagation soil mix. 

3. Water lightly to encourage rooting without risking rot. 

Water propagation: 

1. Place the offset in a glass of water, ensuring the base is submerged. 

2. Change the water every two days. 

3. Once roots have developed, transfer the plant to a pot filled with soil. 

Watering and caring for your Chinese money plant

To keep your Chinese money plant healthy and thriving, it only needs two key things: the right amount of light and proper watering. 

How often to water Chinese money plants

• Summer: Water twice a week, allowing the soil to dry slightly between waterings. 

• Winter: Water less frequently, about once every two weeks, to prevent overwatering. 

If unsure, check the soil – the top 2.5-5cm of potting mix should dry out between each watering. Always ensure excess water is drained away, as standing water can cause root rot. If you notice blackened leaves, this is a sign of overwatering. 

Tips for optimal Chinese money plant care

1. Rotate the pot every few weeks to prevent the plant from leaning toward the light source. 

2. For a bushier plant, pinch off the growing tips to encourage branching. 

3. If leaves turn yellow or appear smaller, apply a slow-release fertiliser once a year or use a liquid fertiliser weekly during the growing season. 

Common pests and problems for Chinese money plants

The Chinese money plant is relatively pest-resistant but can occasionally be targeted by red spider mites. These thrive in dry environments. Mist the plant with non-calcareous water to increase humidity and prevent infestations. For severe cases, use a natural miticide spray. 

Key tips for success when growing Chinese money plants

• Light: Bright, indirect light is ideal. Move the plant closer to windows in winter if it looks droopy. 

• Watering: Let the soil dry slightly between waterings and avoid waterlogged conditions. 

• Propagation: Share your plant by propagating offsets in soil or water. 

• Fertilising: Feed regularly during the growing season to maintain lush, green growth. 

• Pest control: Mist the plant occasionally to keep spider mites away. 

By following these simple tips, your Chinese money plant will thrive and bring joy to your indoor space for years to come.