Most worrying is the fear that China, which once helped to lower global prices, could start exporting inflation.

人们最担心的是，一度帮助压低全球价格的中国，可能会开始出口通胀。

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Many of the better managed commodity-exporting economies have benefited from currency depreciation, offsetting the domestic hit from lower prices without raising inflation significantly.

许多治理较好的大宗商品出口国受益于货币贬值，在没有显著提高通胀率的情况下抵消了降价对国内造成的冲击。

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Why was the Federal Reserve printing so much money, exporting inflation to China and other countries, and putting strains on exchange-rate relationships?

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In fact, China is exporting inflation and in many emerging markets, it is rising prices, not falling prices, that is a concern, Credit Suisse argues.

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As China is now exporting inflation, companies will continue to transition more of their manufacturing to the U.S. Furthermore, U.S manufacturing has become much more productive and efficient.

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