U.S. carmakers have lost money on small cars for years because of high labor rates and the cost to insure union retirees.

FORBES: OutFront

The Chinese government recognizes that these jobs will eventually be lost to countries like Vietnam, Cambodia, or Indonesia which can be even more competitive on the cost of labor than China.

FORBES: What the US Might Do About China's "Go Slow" Approach to Revaluing the Renminbi