“You’re imbalanced!” “No, you’re imbalanced!”

There’s been a specific, yet passive, global contingent led by the US and somewhat supported by Europe, that believes the Chinese yuan is undervalued, that China possesses an unfair trade advantage by keeping their currency tied down.

Then, of course, there’s China who’s relied on the growth boost that’s come with running a huge trade surplus which seems to have been amplified by the low relative costs that come with a “stable” currency; they do not believe the yuan is undervalued.