You forgot to add that due to our insane trade and budgetary policies we are trillions of dollars in debt to the Chinese.
Thanks for your understanding.
The inflation in domestic China is to some greed caused by our trade policy. We export a lot of goods to America and they pay us dollars and all the dollars are exchanged to RMB in China. At last, American people got goods and we got inflation. But the privileged people can got profits through the trade, it is the ordinary labors in China who will pay for it. The privileged people in China is richer than you can imagine.