Strong currencies are great for consumers because they make imports cheaper. Also, a strengthening (rather than strong) currency will reduce inflationary pressures.
Yes, but Asians don't consume. They certainly don't consume at American proportions; don't see that changing in the near future either.
Is this true?
I mean aren't China and Japan huge consumers?
The Japanese are such savers (rather than spenders) that their banks often offer close to 0% savings rate. Maybe the younger Chinese generation are spending, but in general Asians don't spend much as consumers. They like to save. The average Chinese or Japanese would spend a fraction of what the average American spends. I think world exporters like to talk about a big Chinese market, but it really has to do with sheer population volume. I don't think the spending per person is very high. I do not have any figures. Perhaps Guy or JLarsen can help out.