FakeBen says: "Protect your savings from the Fed! Buy the Chinese currency via the ETF Market Vectors - Chinese Renminbi (NYSE: CNY)."

April 14 (Bloomberg) -- China's central bank chief said there's still room to raise interest rates after six increases last year, as he tries to tame the highest inflation since 1996...

Premier Wen Jiabao has pledged to use ``forceful'' steps to mop up excess cash. The problem for the central bank is that raising rates when the U.S. Federal Reserve has been cutting them may attract unwanted capital from overseas...

"There is room to raise interest rates, but not for aggressive rate hikes,'' said Wang Qing, chief China economist at Morgan Stanley in Hong Kong. "Between interest rates and currency, the latter plays a bigger role in controlling inflation.''

http://www.bloomberg.com/apps/news?pid=20601068&sid=a_JreRkZ2p6Y&refer=e... [1]