Ketih Bradesher writes in The New York Times today that deals being made by China foreshadow “what now seems to be shaping up as a broad assault on global automotive markets by Chinese companies and the Chinese divisions of multinational companies.” Obviously, this has grave implications for the already weak auto industry in the U.S.—and the tens of thousands of auto workers.

If anything reinforces to us that corporations have no loyalty to a particular workforce it’s the deal that Daimler Chrysler, according to the article, is conjuring up “with one of its Chinese joint-venture partners to build a factory for the exports, he said, and would like to work out the details and make a final decision on the project in the second half of the year.”