Yes, please spell out how their artificially low currency doesn't make their sales lower priced and their purchases higher priced.
You are missing the boat.
Yes, I missed the "bad at math" boat.
Stay tuned.
LOL!
Of course their exports are lower priced, and they found a comfortable level, pegging their currency to the dollar, to keep the built in advantage they have. Now if they were buying billions MORE from us instead of selling Billions more TO us, then they would not be doing this would they? So they make profits by the sheer volume of exports, and buy little in return by comparison.
And on top of that, they cheat as well...constantly.
Ben Bernanke sees China's devaluation as a problem for the US and a way they keep an advantage as an export driven economy. And he's not even talking about the security implications of such.
No my friend, you can toot China's horn all you want, but they are strategically taking advantage of the trade with us, lining thier pockets with cash to buy weapons to use against us. We should treat them as the enemy they are. Giving them unfettered, artificially low priced access to this country is no ones interest but their own.