China has been flooding Latin American markets with low-priced exports, especially autos and e-commerce goods, as its exporters adjust to U.S. President Donald Trump’s tariffs and geopolitical moves. The world’s second-largest economy has become a major trading partner for many Latin American nations, seeking access to their abundant natural resources and growing markets while expanding its influence in […]
China is now the main supplier of cars to Mexico
China is the world’s largest producer of light vehicles and its government and Chinese companies have maintained an aggressive sales strategy towards the world’s main markets in recent years. China displaced the United States as the first origin of automobile imports to Mexico in 2023, after a historical US dominance, according to data from the […]
Mexico to review trade relations with China: ‘They sell to us, but they don’t buy from us,’ criticises
Mexico does not have reciprocal trade with China, since “it sells to us and does not buy from us,” so we have to do our own review and protect ourselves, said Rogelio Ramírez de la O. The Secretary of Finance specified that the country buys 119 billion dollars a year from China and sells 11 […]
Direct maritime route between Mexico and China opened
A new direct maritime trade route between Mexico and China has been inaugurated. The new maritime transport route will reduce navigation time by up to ten days. The route was inaugurated with the departure of a merchant ship that will make the journey in 22 days, ten days less than the routes used previously. Among […]
Mexico and China analyze developing electric cars in Durango
The government of Durango and the companies Solarever and Shanghai Launch Design signed a strategic cooperation agreement in the central city of Tianjin, China. Members of the Mexican Embassy in China, the government of Durango and Solarever visited the office of Shanghai Launch Design Automobile Design, in Tianjin, to sign a strategic cooperation agreement on […]
AMLO will talk about fentanyl with Xi Jinping at the APEC Summit
CULIACAN, SINALOA.- The president of Mexico, Andrés Manuel López Obrador, will hold a bilateral meeting on Thursday, November 16th, with his Chinese counterpart, Xi Jinping, in San Francisco, California, prior to the start of the Asia-Pacific Economic Cooperation Forum (APEC) in what will be the first meeting between both leaders, the chancellor, Alicia Bárcena, reported […]