Tuesday, December 3, 2024

MND Deep Dive: The impact of Chinese investment in Mexico

What does the potential new nearshoring investment from China mean for the future of the Mexican economy, and what will it bring to the country?

As Chinese companies continue to make announcements on investment in Mexico, we dive deeper into the topic. What is motivating these large investment announcements?  Will they actually come to fruition? Are the good for Mexico? What do they mean for the USMCA, U.S. tariffs, and the auto industry in the country?

More importantly: Is there any substance to repeated claims that the largest electric car company in the world, Chinese giant BYD, is going to build a plant in Mexico?

MND Deep Dive: Chinese investment in Mexico

This podcast was produced using AI tools. All information collected and discussed in this episode was investigated, written and edited by human journalists. Compiled from Mexico News Daily articles by Travis Bembenek, Thomas Buckley, Felicity Bradstock and Peter Davies. Edited by Kate Bohné, Michelle Aguilar, Caitlin Cooper, Rose Eglhoff and Chris Havler-Barrett. Podcast produced by Chris Havler-Barrett.

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Mexican President Claudia Sheinbaum stands smiling at a podium in front of the words "Conferencia del Pueblo"

Sheinbaum suggests ‘Breaking Bad’ inspired NYT fentanyl report: Monday’s mañanera recapped

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President Sheinbaum was dismissive of a recent New York Times report that the Sinaloa Cartel recruits chemistry students to make fentanyl.
Even if a person is convicted of corruption and serves jail time, the money and/or assets they obtained as a result of their crime are not "normally" recovered in Mexico.

Mexican lawmakers push to make corruption-free governance a constitutional right

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The initiative seeks to stop Mexico's "culture of impunity" and the proliferation of corruption.
Giant Motors Latinoamérica, a joint venture between the Massri family and billionaire businessman Carlos Slim's financial company Inbursa, assembles JAC vehicles at a plant in Ciudad Sahagún, Hidalgo.

Giant Motors CEO in Mexico ‘unfazed’ by Trump tariff threats

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Giant Motors is currently the only company that makes Chinese vehicles in Mexico, specifically the JAC brand.