Sure, I'm not saying they can't catch up, but meeting US crash test requirements will probably cause prices to go up. Plus labor is significantly cheaper in Chi

Sure, I'm not saying they can't catch up, but meeting US crash test requirements will probably cause prices to go up. Plus labor is significantly cheaper in China. There are certainly things China can do much more efficiently in the US, but many of those efficencies shrink when you have to pay US labor costs and comply with US regulations. Of course, you could deregulate and allow more immigration to the US to compensate, but both of these are hard sells politically.