China and the Dollar

The recent decline in the US dollar is challenging for China, since this increases the cost of their goods. I am curious to see if they will be intervening in the currency market as other countries have recently on the dollar.

Known Facts:

• China has been helping finance the US National debt by buying treasury bonds.
  
• China is economy is export focused.
• China has a tremendous amount of investments in dollars.
• China relies on a favorable exchange rate with the US.
• The US is China's largest trading partner.