China–Mexico relations - Wikipedia
As the Mexico-U.S. relationship frays during tough NAFTA talks, Mexico is strengthening ties elsewhere. After the election of Donald Trump, China and Mexico pledged to deepen their diplomatic ties. China-Mexico Relations are Growing. With all of the talk in the US of the incoming administration disrupting international trade, two countries on different sides of.
And yet, this is easier said than done. Both the US and Mexico run significant trade deficits with China.
The impact of China on Mexico-USA Relations: Economic Evolution and
There is no bilateral high-level commission between Northern American countries and China either. When it comes to bilateral ties between Mexico and China, the two countries are neither obvious allies nor obvious enemies.
Rather, there are millennial cultural powerhouses which have followed a similar pathway of industrialization, economic liberalization, and political reforms. Today they are pushed closer together by the exposure to and competition over privileged access to the US market.
Another similarity between China and Mexico is that both have to find a new way to deal with the belligerence of President Donald Trump. After years of constructive and mutually beneficial ties under the predecessors of the current US president, China is now locked in a descending spiral of tit-for-tat tariffs, and Mexico is renovating NAFTA while dealing with the menace of a border wall and mass deportations of illegal immigrants from the US into Mexico.
Another common point is that the US approach to both countries goes beyond trade.
The US sees China and Mexico through a security lens. On the other hand, they used to have rather an uneasy relationship in the WTO.
China joined the WTO inand by Chinese exports to the United States had surpassed those of Mexico, causing the loss of overMexican jobs across 12 industrial sectors.
Nevertheless, in China declared Mexico its strategic partner. Betweenbilateral trade doubled, and Chinese investments in Mexico reached billion dollars.
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The Uni- ted States, Mexico and Canada have different prospects for development within N A F TAlimiting the consolidation and the economic integration of the members of this agreement. Therefore, the main obstacles to integration are not only caused by outside factors, such as the emergence of China in the N A F TA aspects related to the differences between the member countries.
Chinese investment in the Latin American countries has concentrated on natural resources such as energy, which is manipulated by the large state-owned enterprises. Chinese imports from Latin America are also mainly primary raw materials, while its exports are manu - factured goods.
USA-Mexico-China: The Ripple Effects of the Trade War
This pattern of trade is, to some extent, a strategic measure made by China in the Latin-American countries, which have historically been highly de - pendent on US manufacturing exports.
Additionally, as the second largest economy of Latin-America, Mexico is geographically located in North America and close to the Caribbean, while its culture belongs to Latin America.
As a result, Mexico has a great inFuence on the whole Latin American region. It is possible that the intention of China to be close to Mexico could be related to political considerations. The close political and economic relationship between the USA and Mexico could be affected by the improvement of the relationship between China and Mexico. The rapid development of Chinese trade has made China an important variable in the present international economy.
Thirdly, the development of China is mainly conceived of as a domestic objective for increasing the living standard of the Chinese people, without a strategic aim.