absolutely no. with ren pegged to usd and usd climbing this is terrible for continued 7% Chinese GDP growth (their state published ave. who knows what actual GDP is). they want their currency devalued vs. usd and are actively moving it lower. products that are cheaper vs. other currency = greater sales/growth. this is why other EMs are starting to devalue. world is scare another 97-98 asian currency war is coming.