Friday, August 9, 2024

Another Chinese Manufacturer Announces a Plant and R&D Center in Mexico

Another Chinese Manufacturer Announces a Plant and R&D Center in MexicoCorrect, lots of good reasons to set up in Mexico.

The main objection was "made in China", so setting up shop in Mexico will get them access to Mexico

and South America but also via USMCA, access to USA and Canada. It also gives access to European

Union via a Mexican agreement…..this could a big reason for the move as a way of reinforcing China's

vehicle push into Europe which is a big tasty plum for them.Sat, 10 Aug 2024 03:22:12 +0000

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