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How Mexico is becoming the New China.: the rise of manufacturing.
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Scooped by Graham Watson |
salama jeptoo's curator insight,
May 4, 2023 7:22 PM
it is impressive when you see countries growing and improving
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This Wendover Productions clip looks at how the US-China trade war started to change US trade patterns, and how the coronavirus and its effect upon global supply chains, and lately the Ukraine war have all contributed to the US substituting in favour of Mexican goods and away from Chinese goods.
As a result, Mexican manufacturing has benefitted, and China is no longer as appealing not least because China is no longer the low cost manufacturer that it once was. And who is best placed to step into the breach. Mexico?