All roads for El Dorado lead to China

Hey I'm no economist, but in case you haven't noticed, the dollar has been tanking as of late and it's almost too painful to watch.  Financial experts across the board are speculating that maybe inflation is upon us and the mighty dollar will soon become nothing but a worthless piece of paper, while the price of gold keeps going up.
 

OK, so what? 

I have to admit, usually these things don't interest me all that much, but the sudden rallying in the gold market this past week has everybody talking and it also happened to coincide with some major moves in the solar market with regards to China. 
Now I'm wondering if China already has everything in place to dominate the global economy for the next few decades.
Does this mean we're going to start seeing a mass-exodus of corporations heading to China any time soon?

 

Why The Energy Revolution Needs China | Solar Feeds News and Commentary Blog Network

If we want an example of good long-term resource planning, we might want to look to China. While the first world spent the last decade taking on debt and levering up dubious assets like dot-com startups and subprime mortgages, then suffering the inevitable fallout, China kept its debt relatively modest and its currency depressed while it accumulated a vast war chest of foreign-exchange reserves–some $2.1 trillion worth as of the end of June, according to the Wall Street Journal.

Now, with a significant risk of the US dollar and other currencies not backed by hard resources imploding after the greatest spree of worldwide money-printing in history, China is prepared (if not anxious) to exchange its potentially worthless forex holdings for hard assets like oil, metals, and fertilizer.