Last year was a record year for US exports to China, according to USCBC.

FORBES: For US Trade Deficit, Don't Blame Yuan

Top American exports in 2010 included computers and electronics, agricultural products, chemicals, transportation equipment, and other machinery, particularly airplanes, the USCBC said.

FORBES: For US Trade Deficit, Don't Blame Yuan

One USCBC survey respondent said his factory raised wages by 20% from 2010, causing labor costs to inflate quickly and make retention more difficult due to an even more aggravated shortage of labor.

FORBES: In Coastal China, A Labor Shortage