Alan Mulally (fifth from left), chief executive officer of Ford Motor Co., celebrates the new Changan Ford Mazda Automobile plant in Chongqing, China, on Friday, Sept. 25, 2009. Ford, the only major U.S. automaker to avoid bankruptcy, is boosting its bet on China with a new factory and models as it tries to catch General Motors Co.
Photographer: Doug Kanter/Bloomberg *** Local Caption *** Alan Mulallyin Chongqing, China, on Friday, Sept. 25, 2009. Ford Motor Co. began work on a third Chinese car plant as it strives to challenge General Motors Co. and Volkswagen AG in a country set to pass the U.S. as the world’s biggest auto market. Photographer: Doug Kanter/Bloomberg *** Local Caption ***
TO GO WITH China-US-consumer-safety-toys-politics,FEATURE by Stephanie Wong This photo taken 25 September, 2007 shows workers on a production line at a toy factory in Shantou, in China’s eastern Guangdong province. Many companies claim they adhere to legal safety regulations, use environmentally-friendly materials and obtain verification from internationally recognised inspection companies, yet since US toy giant Mattel admitted this year its design flaws were to blame for a recall, the Chinese government has introduce new safety systems to ward off a series of scandals about unsafe Chinese exports, pushing up costs for manufacturers. CHINA OUT AFP PHOTO (Photo credit should read AFP/AFP/Getty Images)
BEIJING, CHINA: A Chinese couple on a tricycle pass a billboard welcoming the country’s membership to the World Trade Organisation (WTO), along a street in Beijing, 23 December 2001. China announced upon joining the WTO that it would slash its average tariff rate to 12 percent from 15.3 percent during 2002, affecting 5,300 products or 73 percent of total taxable items, which is expected to further stimulate consumer spending. AFP PHOTO (Photo credit should read AFP/Getty Images)