Literally 猕猴 (macaque monkey) + 桃 (peach). The kiwi's fuzzy brown skin resembles a monkey's fur, and it was said monkeys loved eating them — hence 'monkey peach'.
culture
The kiwi fruit originated in China's Yangtze River valley, where it grew wild. New Zealand commercialized and rebranded it as 'kiwi fruit' in the 20th century.
