This is something I've been expecting and waiting all along. If it gets legs and it appears so, than inflation will crush the western (especial US) economys. All economys will suffer eventually. But gold and commodities will be extremly positive. Silver should shine. IMO.
http://www.telegraph.co.uk/finance/china-business/7952675/Western-profits-wilt-on-Chinas-surging-wages.html