If China experiences significant inflation compared to the US, then the Chinese currency will lose its value compared to the US dollar. As a result, the financial accounts between the two countries will be impacted. For example, US exports to China will become more expensive, while Chinese exports to the US will become cheaper. This could lead to a trade imbalance between the two countries. Additionally, foreign investors may be less likely to invest in China, as they will be hesitant to invest in a country with an unstable currency.