Yeah, but it is their choice and it's biting them in the rear. The inflation is causing prices and wages to rise so quickly that their vaunted trade surplus is being whittled away as they lose their advantage and as imported goods look more and more attractive to the Chinese consumer.
Well, consider the alternative. They price themselves out of the market, large numbers of workers become unemployed. Angry men start gathering on street corners discussing their grievances with the government, and....