The higher price of cars is further complicated by the FACT wages have not kept up. Wages have not kept up because investors moved thier business to china so they would not have to pay wages commensurate to the work.
It's not just China. I know everyone wants to make China the bad guy here, but it's been happening for a long time now.
I remember back in the 80's when the largest U.S. companies were opening factories in Mexico. There was the same backlash back then as there is now. And yes, it also contributed to the wage problem and possibly even started it. The reason most people blame China is because they are the Mexico of the internet age.
