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Yes because it's practically currency manipulation.
they should change more than their currency. no offense to some, but their whole "behind the scenes socialist system" is a mess, if u ask me.
If Communist China "revalues" its currency upward, then that – I think – would devalue the American dollar, and devaluing the American dollar would increase exponentially the amount that we now owe Communist China for all our debt that they have purchased.
I really don't think that would be a good thing at all . . . . . . . . . Do you?
One aspect that you're ignoring is that the Chinese currency would be worth more, thus decreasing our ability to purchase Chinese goods and run a trade deficit with the Chinese government.
I'm not sure that the Chinese revaluation would be a net good for the US either (it doesn't appear to be in either the US or the Chinese interest). But it's impact on the debt is not a significant factor. Using inflated dollars to pay off a debt is a pretty common way to manage debts. That's what a mortgage is after all.
The amount we owe is essentially fixed although still increasing upward as we speak because we're still spending at a budget deficit. It would not increase exponentially unless China changed the terms of the debt (or the bond markets revalued the cost of our debts, or our deficit remains at ridiculous levels for long periods of time). All devaluation of the US dollar would do then is make it less likely that China would accept dollars as payments or would allow us to use inflated currency to pay it off easier.