Asking China to revaluate currency? Now you see the inflation consequence

Central bankers in both U.S. and the U.K. are worrying about domestic inflation as manufacturing wage and prices in China hike recently.

Bloomberg: Rising costs in China could affect America

Financial Times: Chinese exports add to U.K. inflation fears

Let’s see what are driving them to worry: Costs of goods from countries in the Pacific Rim region, including China, rose 0.2 percent in May.

Well, if 0.2% worries them, how about revaluation of Yuan by 50%, WalMart shoppers!