China to People: Peddling is for Peasants

In a move sure to infuriate Critical Mass groups from Portland to Boulder, the Chinese government has announced plans to boost auto sales by allowing people to trade in their three-wheel bicycles on cars. The move is one in a series of methods the Chinese are using to ramp up car production while the rest of the world's factories idle, Forbes reports.
Increased Chinese production could have American repercussions -- not only to tourists confronted with an increased number of China's notoriously bad drivers. Beyond that deadly terror, Forbes speculates inexpensive Chinese cars are likely to move into the U.S. market, bringing increased competition to struggling automakers.
No word yet on what this means for Chinese bicycles, but we expect a spike on ebay farmer trike action.