For a developing country and China, despite its size, is still a developing country it can be catastrophic.

FORBES: How China Will Crash And Burn

The U.S. Commerce Department says it will place economic sanctions on imports of Chinese paper, in an astounding about-face in policy that shows the U.S. is beginning to treat China as a developed country rather than a developing one.

FORBES: Magazine Article

In China too, Ford is developing a low cost model in its Hangzhou plant in Eastern part of the country which is due to begin production from 2015.

FORBES: How Ford Plans To Benefit From High Gas Prices