Means you (singular)
[1]
 
Parts Composed of the characters person (bowing) and mechanical scales (used to weigh/compare people in this case).
Memory hook When we first meet you and I are equals.
Practice
ChineseliterallyEnglish
你好you goodhello
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[1] Unbalanced scales simpler by user Paulatz from http://commons.wikimedia.org/wiki/File:Unbalanced_scales_simpler.svg under license: Public domain