China's currency and its trade surplus are expected to be key issues at this week's World Bank and International Monetary Fund annual meeting, in Singapore, which will focus on global imbalances in the world economy.
China's imports have been falling faster than its exports and in recent months its trade surplus has risen.
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China, with its huge and growing bilateral trade surplus with America, has already been cast as chief villain.
The island runs a large trade surplus, and its foreign reserves are the world's fourth largest, behind China, Japan, and Russia.
Thanks to its widening trade surplus and strong inward investment, the country has experienced heavy inflows of foreign exchange, which swell domestic liquidity.
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China's trade surplus with America remains large and controversial, but its current-account surplus with the rest of the world is dying out.
The Dutch economy is the fifth-largest economy in the euro-zone and is noted for its stable industrial relations, moderate unemployment and inflation, a sizable trade surplus, and an important role as a European transportation hub.
Japan further recycled its trade surplus through direct and indirect investments to US and Europe (Japanese companies took over and revitalized ailing US and European manufacturing companies, transferring technology and management know-how to these companies).
Adviser Carlton Delfeld of Chartwell Global ETF Report likes Switzerland for its strong currency backed by ample gold reserves, fiscal discipline, trade surplus and very little foreign debt.
Despite a long history as a huge exporter of commodities, Indonesia has flipped from having a trade account surplus to a deficit in recent months, and last quarter recorded its biggest ever current-account deficit.
China will not agree to a one-time, large increase in the value of the renminbi as Japan and Germany did in 1985, nor will it agree to limits on the percentage of its trade surplus as a percentage of GDP as Treasury Secretary Timothy Geithner proposed in Seoul.
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