Quote Originally Posted by mikediver
Countriess all over the world (think China) have been compensating for their weak domestic demand by exporting to the US for years thus avoiding unemployment at home. This is why countries like China try to artificially keep their currencies at low value compared to the dollar. This is not sustainable.
It doesn't need to be

as they improve internal demand, then the need to export becomes less

as mentioned, the Chinese currency is slowly getting stronger wrt the US$