Franz Schurmann Top graph shows weakening yen vs. dollar.
Bottom graph shows euro signs of life against the dollar.
Americans, it seems, don't much care whether the dollar is strong or weak. But, judging from the Chinese media, Chinese do care. Most of the rest of the page dealt with the dollar and its two powerful companions, the yen and the euro. Obviously if the pillars get knocked down the structure will collapse. That is about as strong a commitment to globalization as any American high official has ever made.