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Why Chinese companies are investing billions in Mexico
India Express ^ | 2/11/2023 | New York Times

Posted on 02/11/2023 8:24:16 AM PST by Right Wing Vegan

“Our main market is the United States,” said Chan, CEO of Man Wah’s Mexico subsidiary. “We don’t want to lose that market.”

That same objective explains why scores of major Chinese companies are investing aggressively in Mexico, taking advantage of an expansive North American trade deal. Tracing a path forged by Japanese and South Korean companies, Chinese firms are establishing factories that allow them to label their goods “Made in Mexico,” then trucking their products into the United States duty-free.

The interest of Chinese manufacturers in Mexico is part of a broader trend known as near-shoring. International companies are moving production closer to customers to limit their vulnerability to shipping problems and geopolitical tensions.

(Excerpt) Read more at indianexpress.com ...


TOPICS: Business/Economy; Foreign Affairs; Mexico; News/Current Events
KEYWORDS: china; invasion; mexico; monroedoctrine; nafta; redchina
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To: Right Wing Vegan

Chinese labor is not as cheap as it was. China also educates its workforce to make electronics. Most manufacturing in Mexico is unskilled. And with the Chinese governments ties to the cartels, their labor supply is not going to be disrupted.

Mexico is going to be a huge problem in the next 5-10 years. It is a failed, narco state.


21 posted on 02/11/2023 11:27:21 AM PST by Vermont Lt
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To: Right Wing Vegan

The Chinese Communist Party moving forward in making Communism the only thing everywhere


22 posted on 02/11/2023 11:35:35 AM PST by butlerweave
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To: TwelveOfTwenty

we have been feeding th tiger that is going to eat us..corruption trumps all..


23 posted on 02/11/2023 1:03:06 PM PST by rolling_stone (cry havoc and let slip the dogs of war )
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To: Right Wing Vegan

The Ukraine Doctrine is more important than the Monroe Doctrine to neo- coms. 😡😡😡😡


24 posted on 02/11/2023 4:05:10 PM PST by cowboyusa (There is no co- existence with Pinks and Reds)
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To: rolling_stone

Lenin said the capitalists would sell them the rope they would hang us with. I’m sure even he didn’t imagine we would be stupid enough to pay for the rope.


25 posted on 02/12/2023 5:21:04 AM PST by TwelveOfTwenty (Will whoever keeps asking if this country can get any more insane please stop?)
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