This is a very interesting article about how Chinese economists are going to raise the value of the yuan. It seems that there are outreaching effects in the United States - the exports from China will raise in price and therefore Americans' disposable income will start to decrease.
The Federal Bank wishes to devalue the dollar by 33% over the next 20 years to put Obama's "American Production Power House" idea under way. Obama wants to make America the major exporter that it was in the 1920's but he is kind of cheating. Instead of devaluing the dollar to make exports more attractive, why not create avenues for entrepreneurship?
This article regards China as responsible for the recession in the USA because China causes unfair international trade where other countries do not stand a change against its labour force.