Part 5/9:
Mexico has become increasingly reliant on China for both exports and investments. As of 2023, Chinese exports to Mexico have surged, reaching values over $80 billion. It's further noted that Chinese Foreign Direct Investment (FDI) in Mexico is growing exponentially, even surpassing official reports in estimations. This dependence complicates any proposal for a tariff alliance, as severing these economic ties could imperil Mexico's financial landscape.
Projects connected to Chinese state-owned enterprises, including critical infrastructure developments, underline the deep interconnections between Mexico and China. In contrast to the idea of a North American tariff fortress against China, these relationships suggest a far more complex stranglehold of Chinese influence within Mexico.