Is Mexico China’s Backdoor Into The US?
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- čas přidán 27. 05. 2024
- Mexico is seeing a manufacturing boom amid US-China trade tensions. More American companies are outsourcing factory operations to Mexico - with, among other reasons, the need to de-risk supply chains.
But more Chinese corporations are also investing billions in Mexico as a production base to get closer to regional consumers - a practice called nearshoring - and to get around US tariffs imposed on Chinese exports since the 2018 Trump era. Since 2023, China has overtaken the US as Latin America’s top trading partner.
00:00 Intro
01:08 Mexico’s manufacturing renaissance
02:48 Why Chinese companies are investing in Mexico
04:43 Is China a rising threat to the US in Latin American trade?
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About the show: As de-risking deepens, China’s economy loses billions in investments. Is this the end of made-in-China, and the rise of new manufacturing powerhouses like India, Indonesia, and Mexico? What is the new form of globalisation that is emerging?
Have feedback or an idea for a story? Email cnainsider@mediacorp.com.sg
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Latin America is not US's backyard, they are independent countries.
The whole world is their backyard buddy, it's time wake up and prepare for a future where they won't be +hreat to the rest of the world anymore
They mean Latin America countries are client states of America
It shouldn't be, but unfortunately it is.
CIA :heard some Latin nations want out of our control
USA should give them freedom.
OUR BACKYARD !?!?!! the audacity !!! They have the nerve to say OUR BACKYARD !!! Greetings to our Mexican and Latin American friends from China 🇨🇳 🙏🏻
Thank you, viva China reunificada 🇨🇳
Free Taiwan!
@@XxLIVRAxXFree Hawaii/Puerto Rico. see how pointless that is?
Greetings from Mexico, yes, we are a free independent country and are proud of our economic relations with China
@@user-fo5zv4ld4z if hi and pr wants to get independent, they should be. same for Taiwan. you can support both, but you can reject both as well.
They call the Chinese method for Trojan horse strategy What do you call the American building military bases method for ?
It is called "living beyond its means".
freedom of navigation. mutual security agreement. protecting world peace. u can name more
@@leexingha "world peace" hahaha what an ignorant POS haha
@@leexinghathe US builds military bases solely for their own personal interests not protecting world peace. Otherwise millions of people worldwide wouldn’t have died from the wars the US government has created over the past few decades. Sit down Karen and take some seats
democracy and freedom
“Latin America, our backyard” do the people in Latin America agree?😂
like latin america can even complain
@@leexingha Latin America doesn't depend on USA for survival.. USA does depend on those countries for their products, you ignorant doofus.
Do you really think Latin Countries don't trade amongst themselves?
USA can't even survive without immigrants
@@leexingha They do México was the first to Remind the US that it is a Sovereign nation and not a US colony.
I think that too much "Bud Light" has destroyed congresswoman Maria Salazar's brain
The back yard is fine., you can find a swimming pool, the grill , being a back yard is not bad... is funny...
How arrogantly American calling whole Latin America there backyard who the hell they are 😡
The PRC hints at thinking similar about everything within the Second Island Chain, which would be an improvement considering they classically considered themselves sovereign over 天下🌏
@@doujinflip cry harder😝
@@doujinflip.hey troll. The whole world is China's backyard , via the BRI. China's tentacles everywhere. Don't like? Keep crying
@@doujinflip美国人在南海=自由民主中国人在南海=邪恶恐怖强盗威胁
US own the world. dont u know that? did u just wake yesterday? 😆
Glad to see Mexican brothers and sisters get jobs and investments to their country ❤
Always so you think Mexico born yesterday? 😂
@@munecadecristal3508 Yesterday indeed. When compared to most of the other countries in the planet earth
This is what happens when you treat your neighbours property as your BACKYARD❗️It’s called ARROGANCE ‼️
"our backyard" and that's one of the reasons we do hate murica.
They always call other country their backyard .
Just like AUS call all those island countries its "backyard"
Hope you don't live in the USA. If you hate it leave.
Our hemisphere? Wow …
I thought US liked free market and trade, that's the lecture they sell around the world, why suddenly they dislike competition?
The whole de-coupling de-risking thing just smacks of schoolyard bullying tactics of “don’t play with the new girl ok…if you want to continue be friends with me you can’t be friends with her”😂
😅🤣🤣😂😅
The problem is, that "girl" is actually a 250 lbs muscle man. LOL
@@jkuang250lb of fat
don't forget all the gossip spreading and demonizing of the new girl. why? because the new girl is smarter and work harder.
@@jjsamuelgunn1136
And has no morals or scruples. Look at how quickly China turned on Viet-Nam when they didn't want to roll on their back and part their knees.
"You cannot negotiate with someone who says 'what's mine is mine and what's yours is negotiable'."
-US President John F. Kennedy
4:55 Maria Salazar, An American congresswomen, just said: Latin America is our Backyard.
Who the Fxck is Americans’ backyard?
They always call other country their backyard .
Just like AUS call all those island countries its "backyard"
@@happymelon7129True they always do that.
They have a Monroe doctrine that says Latin America is their backyard to do as they wish
MONROE DOCTRINE 😂... One US PRESIDENT called the whole AMERICAN an American property, that no other country can just come in, without US consent. 😂
South (Latin) American countries must be wondering, what? We are American’s backwards?” Monroe’s doctrine!!!
So Latin Americans can work in Chinese factories there instead of illegally entering the US or selling drugs. That solves 2 big problems for the US!
so the US should thank China for solving the 2 biggest problems for them. but unfortunately, there is no the word of grateful in their dictionary.
No, solving illegal will have less campaign slogan for US election.
🙄🙄🙄
Mexicans haven't been that big of an issue for a while now, even before the "decoupling". The real surge of illegal migrants are coming from places like Venezuela, Haiti, and surprisingly Mainland China.
Where does it say all the companies are owned by Chinese??
Previously MNC pay Chinese companies to manufacture in China. Now after "de-risk and de-couple" MNC pay Chinese companies to manufacture in other countries so Chinese companies continue to take their cut. Good for other countries. Anyway, China is transitioning to higher value economy, no such thing as cheap China labor anymore even China companies also outsourcing to SEA, Africa and even ME.
🤣From "Made in China " ---> Made "by" China.
@@williamdr5551 我姓石
@@williamdr5551it never does
Eh a tiny bit will move, but mexico and africa are not functional countries/continents
The best of Africa is south africa and they can't even keep the power on, like 60% of the time there is no electricity in south africa, and the rest of Africa is even worse
The arab part of africa is functional like egypt but they are sworn enemies to us/isreal
Mexico is literally ruled by cartels, who basically control most of the government politicians allowing them to do basically whatever they want. Large populations in south america/Mexico are all drug addicts not exactly a recipe for a functional country
China is doing business with Mexico because they have a bilateral agreement. If Mexico sells “assembled” products of Chinese goods to the USA it is a completely normal business transaction which any country is allowed to do in a free trade. It doesn’t mean that China is trying to open a backdoor to the USA market despite of sanctions. China wants to do business with any country in the world as she abides by the principle of free trade while the USA is only talking about “free trade and democracy” but doing the opposite.
我們投資墨西哥是當下比較折中的選擇。總體來說美洲仍然受美國控制，美國有能力搞亂任何一個拉美國家，但是墨西哥力美國太近，人太多，美國不會搞太過。所以投資墨西哥相對來說是目前比較安全的所在。美國要不要買我們在墨西哥生產的產品其實無關緊要，拉美的市場容量還會增長，提前在墨西哥做一些基礎佈局長遠來說不會吃虧。
Yes USA is biggest Hypocrite on the planet Do what I say, Not what I Do 🤣🤣🤣🤣🤣🤣
Abide by the principles of free trade? China? 🤣
@@letitiaprincess1125 yes dude, even an ignorant like yourself, you should know that as you are probably wearing or having a piece at home which is made in China. 🤣🤣🤣🤣🤣
China is not the one threatening to leave WTO. =)
Maria Salazar is complaining that China invested hundreds of billions of US Dollars to Mexico to create jobs and salaries to Mexicans, while she is earning big from US tax payers money. 😂😅
🤣From "Made in China " ---> Made "by" China.
How is it made my china?
Lol😊
Indian thought,all the factories moved to India.
well India benefitted most.
India is FDI traps. Goes in cannot come out.
India is a joke
India being hyped up while Vietnam, Mexico etc remain lowkey.
truthfully speaking most factories will actually remain still in china, it would take many years before any country overtakes china in this
When you buy something says "Made in Mexico", it means it's assembled in Mexico, but with materials imported from China.
Still better than shipped in fully manufactured in China, since there are at least as many Chinese assemblers out of a job and wondering what’s wrong with their country as there are Mexicans now enjoying employment.
@@doujinflip
Twist as you wish!
On one hand, they say that China is experiencing a labor crisis due to the decline in population, but on the other hand, they say that Chinese workers are losing their jobs.
Then, which one is correct?
Thing’s will one day turn around people flocking from USA in to Mexico. Mexico will regret that trump never built that wall 😅. Tables are turning around UK is going down German economy went up by only 0.3 %
It's just western propaganda. Don't go too deep into it. It's all lies@@araara4746
Oh what? You think US is sitting pretty with this new arrangement? How about everything they used to get from China now costing more? They're screwing their own mid/lower class just so they can hurt China. The very definition of a lose lose proposition. Mexico is the only one sitting pretty enjoying the spoils.
China is moving toward higher value economies like EV cars, green energy, large scale ship building, and computer chip manufacturing. It is outsourcing to ASEAN (in particular Vietnam) and Latin America. ASEAN is close to China. Latin America is close to USA.
China also outsources to East Africa. In the next 10 years, the amount of finished products coming out of China is dramatically reduce. Yet the component export from China will dramatically increased. It is really no DE-RISK or DE-COUPLE. It is just China moving up the value chain. And you will hear less about China, and more about "finished product" exporters like Vietnam and Mexico.
If this move is for industrial upgrading, then why would China have stopped publishing youth unemployment rate after it rose to a record high of 21% in June 2023? The truth is multinational companies were given no choice but to move out of China due to the trade war, pandemic policies (once a moving-out was triggered, it wouldn’t be easily stopped after the pandemic), broadened anti-espionage laws and the most hostile business environment in decades
You will not mention China employment is 5% in total. Youth unemployment high because lots of chinese under 24 are still studying. Making the pools of chinese youth to be employed to be small. @@dlongford
@@dlongford Watching fake news every day will make you more and more stupid
@OFarrell1502 That's because moving higher value chain of ecomony requires more advanced engineering and way less workforce in the factory. China industrial robot accountable for 52% of global market, and expect to reach 70% by 2030, and you wonder why it's a big impact on the job market especially on young people? For example, in the traditional textile industry, more than a hundred workers are just for one production line. In contrast to the car industry, only a few technicians are required on the robot workforce production line. Industry 4.0 is not a joke, and guess who suffers the most? Youth workforce who has no technical background but used to work in traditional factories with low paying jobs. If you really look into the data, China industry output had actually grown 6.6% last year despite massive factories moved out of China prior to your claim. So your notion of truth..😂, but really, it's not your fault since the media has been pushing that narrative.
@@admiralwei growth of cpi in China went up by 0.2%, and exports declined by 4.6%. They reflected the domestic and international market sales, not necessarily linearly but relatively. These two numbers aren’t consistent with 6.6% growth of industrial output. Where have the additional products gone, given the notorious history of how China faked fiscal data? “Media pushing narrative”? Guess which country issued stricter rules over and banned finance influencers for “spreading negative information“? Which country arrested journalists for criticizing their government?
why are you guys complaining?
While you guys go round looking for wars, and wasting money on missiles fireworks, China has been investing their money on business, factories , developments, etc.
So when find China is manufacturing even in Mexico , why are you complaining?
China is not interested in wars even when provoked by US e.g in SCS,
Stop complaining. You should start to invest in trade not wars.
Amén
China bot
@@collinslaita6156
You what bot? Indian?
America is just mad because we want to keep playing Risk, but China is playing Monopoly - and kicking ass. 😎
If USA desires products to be 100% Made in USA, then American workers need to be more productive than the Chinese or Mexican workers so that the unit cost of the product is cheaper and better.
The formula is simple, work harder and smarter, so make an attempt to do this and don't gripe.
and work for 2$ per hr too, which they won't
spoiled kids want work and want stuff at cheap price too
@@demoncloud6147
Yes... USA's lawmakers are of inferior intelligence and intellect and hence unable to figure out the problems.
Only able to stir up emotions to get votes to get re-elected.
All are useless leaders.
Actually US is spending all their printed money on wars but China spends all their money on factories and investments.
So silly that US starts to complain.
They think going to wars and certain parties making lots of money is sustainable.
Silly really.
No just less profit for the ceos and the shareholders
😅 Decoupling ONLY require American to work as hard as the Chinese.
😆 Do American want to work as hard as the Chinese ?
It doesn't really matter. What matters is that the US needs to learn how to share trade with the rest of the world equally and fairly then we wouldn't have all the upsets on the planet!😅😅
What the USA need is to understand they no longer rules the world!
It is actually impossible, the equality don t existe , before and the principal reasons to make trade with another country is just for he interesting s
You guys are not entitled to american technology
The arrogant US never learn, they think they are the best, the flattery from its vassal states only strengthened its unwavering confidence in this perception. How can US possibly learn anything?
the US should thank China for solving the 2 biggest problems of drugs and illegal immigration for them. but unfortunately, there is no the word of grateful in their dictionary.
Yes most of drug lords from China 😂
Sarcasm
Fentanyl???
@@nexusdues3028it's called paybacks
@@chillxxx241 cocaine,methylamphetamine
A choice between country A that sucks developing countries dry and keeping them poor or country C, which brings mutual economic growth/benefits, new infra-structures, technologies, jobs and long term partnership.
It's obvious country C is much worst. Its better to be cool country yourself than help the poor ones. That's why we prefer country A.
@@Seramics Cry more.
Ironically everyone wants to move to Country A anyway, especially a surprising amount of Country C citizens. Turns out “economic benefits” ring hollow when you’re constantly threatened with disappearance and guaranteed punishment over some “violation” of some vague “law”.
@@doujinflip
Because they are consumed by western media propaganda about the American dream.
What is the American dream if they are always afraid of being victims of mass shootings?
@@doujinflip Because country A is wealthy and powerful after sucking all the developed and developing countries in the world, but now the country C don't want country A to suck him, so that will be a good example for other countries if they succeed
4:54 lol. Our backyard.
China does not need the American market for its survival. China has moved onto advanced industries and has exported its low value added manufacturing to Vietnam,mexico and other less developed nations. Their domestic market is 4x the size of the u.s. They have 18 trillion dollars in domestic savings and over 1 trillion a year in trade surplus. china does not need western markets or investment for its economic survival. china is the worlds largest trading partner. Chinese investment in Mexico is based on political stability and manufacturing for the latin America market. NOT A DAY GOES BY CNA DOES NOT BASH OR SAY NEGATIVE THINGS ABOUT CHINA'S.
So, where is China going to extract the wealth from if not the West?
The belt and suspenders participants that are defaulting on their loans?…
Why did CCP freak out when US crashing economy caused exports to US to plummet if they don’t need US market to keep the CCP engine running?
Why would you route products through Mexico leveraging the free trade act if you don’t need US market?
@@roberthealey7238
Because they want to drain the USA dry while developing an independent economic base from their BRI projects across the globe.
They have been quite successful so far and there is no reason to believe it won't in future.
Their industrial prowess is unmatched.
By the end of this decade the USA will be struggling even against Mexico and Africa.
4:53 excuse me?, "Our backyard"????.
I am very happy to see America following the path we took over a hundred years ago. Keep going
qin dynasty? ha....................
Nice - more jobs for Mexicans!
And more money to china.
Win-win is it.😂
@@andrean2247 You're delusional. China would do everything to become superpower even up to the point it will become bankrupt. China keeps on printing money, it is now in state of collapsed economy. Plus china is a proud country, we should give her a medal for that. It had fallen in our very eyes before it became a number one superpower.
CHINA SELLING TAX FREE PRODUCT VIA MAXICO 😂😂 FJB 🙈
That includes Meth.
"US plays checkers whilst China plays Chessmaster". 4 x more people working than the US but 10 - 20 x more disciplines = much more efficiency proving why our US lost prominence in many topics recent years especially education. Similar to hate against Japanese & Korean cars, except now 10 x more.
Many automakers, China's EVs are a generation ahead of other countries EVs as many automakers join China's EVs production and saving money and avoiding bankruptcy in our Western countries & the anti family agendas.
Btw, for EV naysayers, China's affordable sodium batteries EVs are already seen in various areas and of course more numerous as demands are growing even more for more environmentally friendly sodium batteries. Technology is improving at the speed of China as the famous business saying recent years.
Yet somehow the average American worker is like 7x as productive as a Chinese one - a gap that actually seems to be growing - and it’s the Americans dictating the technical specifications and directing the branding.
Look up the Smiling Curve and see where each country falls on the graph of value-added ✍️↘️🏭↗️🤑
Boeing is hating on Airbus right now!
@Embargoman China's C919 is growing popularity rapidly with travel demands inevitably growing with hundreds of millions of people elevated from poverty and more options for improving their lives 😀
@@SafepathUS Also Airbus plans to expand Final Assembly Lines in other parts of the world.
The US Foreign Policy to keep Asia poor and divided as stated in a top-secret U.S. Foreign Policy document written 76 years ago is still in force.
February 24, 1948, Declassified U.S. Foreign Policy:
Furthermore, we have about 50% of the world’s wealth but only 6.3% of its population. This disparity is particularly great as between ourselves and the peoples of Asia. In this situation, we cannot fail to be the object of envy and resentment. Our real task in the coming period is to devise a pattern of relationships which will permit us to maintain this position of disparity without positive detriment to our national security. ... that Japan and the Philippines will be found to be the corner-stones of such a Pacific security system and that if we can contrive to retain effective control over these areas there can be no serious threat to our security from the East within our time.
Taiwan was added to the Pacific security system after Chiang's army retreated to the island of Taiwan in 1949. South Korea was added after the Korean War in 1953. The attempt with Vietnam, Laos, and Cambodia was abandoned in 1975.
divide & conquer is an old but gold strategy
Thieves descendants from Europe trying to enslaved others then utilizing churches to colonize Latin Americans further
Mexico makes a lot of things nowadays. Even Singaporean's beloved Mercedes Benz is made in Mexico.
So will US Stop Vietnam Mexico now also Singapore & other SE countries they are doing same
very smart CNA👍🏻
What economics developments America have done in Mexico, nothing!
Lol the US and West be telling the entire world free trade is great and is the secret to succes.... Until they come across real competition. Then free trade is naughty and bad 🤣
I’m glad the renaissance of the Mexican manufacturing and props to the Morena Party for investing in new projects to accommodate the many factories coming over to Mexico viva Mexico
Techtronic is based in HK, but own by a German. It's a multi investment firm. Not just Chinese.
I am an expat in China and I know many expat wouldn’t move to Juarez or Reynosa. My previous company have an automated line in mexico and we had to be in armored car and can not stay in Mexico. Only in Texas side. No. It’s not an exaggeration.
Chinese supply chain, from speed, reliabilty and network of sub-suppliers are unmatched. I remember the first time I came here. What’s your equivalent of Mouser or digikey or mcmaster carr or grainger?
They have a freaking market for that and no it’s not next day delivery. In most cases it’s next hour. Same with 3d printing, machining, fixtures, etc.
the only thing came below my expectations is kuaidi or delivery. How is it not possible to ship next day ? Even if I want to pay, there’s no next day guarantee. Everyone says shipping in china is fast? I beg to differ. The US has better shipping. Not cheap. But available. In China, even you wanted to pay, not possible with SF or YTO or other big shippers.
in 30 years? Maybe. But in 3 years? Impossible.
China & Chinese are very unique nation & race.
The more pressure you put on them, the more creative they will be.
When there is a will, there is always a way.
A problem is not a problem as long as it can solved with “Money”
They're just more united than people in the US. The communist authority has been forcing Chinese to unite, whereas the freedom in the US allows creativity to thrive
@@containedhurricane You mean more creative lawyers?
@@WalkOverHotCoal Most popular technologies were created in the US, such as stealth bomber, F-16, Lidar sensor, Mars rover, gravitational wave detector, the Webb Space telescope and Unreal Engine
@@containedhurricane Creativity to thrive?
It's more like empowering their people to become criminals and drug addicts. They have a corrupt system and very corrupt people running their government.
Which is a problem for the Mainlanders who escape to the most desirable Western societies, and find out the hard way that they can't just pay their way around inconvenient rules.
Listening to that American woman sends me chills. This is 2024 and she believes in “CCP is Trojan horses”.
Every accusation they make is also a confession of what they did, doing, and will continue to do. NEDs NGOs in other countries are Trojan horses to brainwash the population
She’s Cuban 🇨🇺!!
Videos like this one are why this American watches international news from time to time. Fresh perspective, fresh analysis. Thanks.
I am from Indonesia and we are the biggest country and economy in South East Asia, but we'd never call our neighbours as our backyard. That is so demeaning to the sovereign countries that share borders with us or in the same geographical region. It's nasty, if i were a Mexican, i'd be very pissed.
The US currently depends more on our economy than Mexico does on the US. Migration for them is something unbearable for the US, on the other hand, we Mexicans accept immigration because our Catholic Christian vision does not allow us to reject migrants. The US is in decline, and Mexico is taking advantage of it, let the gringos think what they want, while we fill our pockets with money...
Yeah, it does make people uncomfortable if someone says my country is their backyard.
@@jorgeaguilar127 lol that's why people like lady frijoles come to Mexico and take advantage
There is a reason why they are going to Mexico it has to do with the United States Mexico Canada agreement which makes goods manufactured in those three countries tariff free with each other. Channel newsasia mediacorp Singapore should know the old name North American Free Trade Agreement NAFTA. Speaking of Nogales Mexico it's a cross the border in Nogales Arizona Santa Cruz County
This is good news for all the Chinese owned companies in Mexico.
The imposition of trade tariffs by the US has changed nothing. US is only buying more goods from the like of Mexico, Vietnam, India, etc, at a higher price than those previously bought from China direct. Despite de-coupling, de-risking, friend-shoring and whatever you call it, China remains the global manufacturing hub. The trend will continue for China to export less and less goods to the USA and more and more goods to countries that do not impose trade tariffs and other restrictive trade practices.
Chinese companies will own those Mexican factories
India-Made products are of more quality.
Tesla is setting up plant in India. Apple is being assembled in India. China is the one losing. Made-in-China dominance is over.
In Africa,India is gradually displacing China with superior techs as could be seen in Tricycles, Motorcycles and presently Bigger Trucks
@@cuttingedgetechsongsmovies9662 You probably have not read an article by the title “Apple disappointed with quality of iPhone production in India, 50% of casing rejected for not meeting quality standards”. Yes, only 50% meets quality standards - if that’s what you meant by India quality??
wrong ,,afer covid USA cant afford shortage of medical and many more important products !
The Chinese are far better business people than the US gives them credit for, the Mexican strategy is good smart business.
朗告修嘎 感覺真爽 哈哈哈哈
Jjjaaajjja 😂 tienes razón 👏👏🇲🇽
Yes
Been along time since "Milwaukee" tools were made in Milwaukee
I don’t see any issue, it is creating jobs for the Mexican so it will help their local economy. This will indirectly help Mexican stay put in Mexico rather then cross over to US.
0:27 It's not made in Milwaukee, but made by Milwaukee.😊
US companies are free to manufacture in Mexico, what a crybaby. I wonder what happened to free trade, is it there if to your advantage!?
Mexico is reaping great
Transfer of Technology is the USA Biggest Fear.
Mexico Has The Ability To Compete With Any Country
Mexico’s Future Looks Great
Maria Salazar actually said "our backyard", "our region" 04:45
"Our backyard" that's subtle ...
"The ONLY thing NOT made in China -->War "
😆Banner of Recent antiwar protest in Wxshxngton.
We'll see...
- there have been many border skirmishes with Indian forces
- there have been designs on seizing farmland in eastern Russia
- there have been attempts to set up 'unofficial police stations' in foreign countries - including the US and UK - to "influence" Chinese expats and foreign nationals.
- Let's not forget that China has its own nuclear missiles, aircraft carriers, and advanced Gen. 6 fighter aircraft.
China y Russia son buenas y bonitas amistades.
Mexico 🇲🇽 is the best for Industrial Manufacturing!
May be peaceful all the Mexico people ,animals and birds from Myanmar.
A taiwanese tv station called this situation, " Made in Mexico by China".
😁😁😁
backyard uh?
i see.
That’s the reality
That cannot be. These goods can never get Mexican origin due to the fact that a high percentage of components are not Mexican. So these will still be Chinese goods.
Yeah of course Mexico back door for Fentanyl arrivals and distribution
And Americans can’t get enough of it they want more and more
Good for mexico and mexicans.
Our backyard😢
Q: Is Mexico China’s Backdoor Into The US?
A: That is a big 'YES!'.
So it's not a big back door to the Latin american market? 😂
@@peanut0brainIt is that also. Chinese companies wouldn't dare make huge investments in South American countries with brazenly socialist governments, that have a history of seizing private property when the economy goes through hard times.
@@HuntingTarg "socialist governments have a history of seizing private property"? China is socialist and that never happened. Which socialist country are you farting about? And remember America is absolutely socialist , when companies "are too big to fail", getting billions in handouts to save their arses. Did you as an individual get any? Don't you wish you got some of that "socialism"? Lol
Apparently a lot of people in this comment section don't know what back door means. It has nothing to do with "backyard."
The back door is usually the way inside from the backyard...
Of course ! USA is scared to death of Chinese low prices, so we levied a tariff on goods not made in Canada or Mexico, so China moved its factories into Mexico ! We asked for it.
This is a win for US, a developed and employed Mexicans and probably South Americans, means less fees on shipment, the region is closer, then also less migration.
Nuestra región ? ….. a caray
Posted on 16th July 2023.
Not directly on topic, But almost 6k Chinese nationals illegally crossed the US Mexico border into the US this last year. An increase from previous years. Small number but a start.
I fully welcome Chinese EV's into Mexico and Canada which also doesn't have a tariff on import EV's...
👏👏👏👏👏
😅 Decoupling ONLY require American to work as hard as the Chinese.
😆 Do American want to work as hard as the Chinese ?
Sanctions on COMAC and let the FAA to prove safe a plane that has the Guiness World Record of most accidents and that the number one cause of death in the USA will be crashes involved with Boeing planes that is called protecting the US economy.
Americans themselves no. There's other things we can do instead when mechanization and automation does the same work for pennies per labor hour. That's how the average American produces like 7x worth what an average Chinese worker does.
@@doujinflip I heard that machines make better quality products than people.
About time! Latin America is a great place to do business.... gives people jobs and a future.
Chinese are pragmatic. Mexico is now the number one trading partner with U.S., pleasing American politician, Chinese and Mexican, win win.
So according to the senators logic Ukraine is Russia's backyard and Americans tried to enter that backyard by trying to make Ukraine part of NATO 🤣🤣
0:04 lol. I've just realized trade is a form of 'invasion'
That's the meaning of "unrestricted warfare", to the CCP _everything_ is a means of invading and gaining control.
2:36 in other words...NEEEEEEEERDS.
My Ford was made in Mexico. Air conditioner was made in Mexico...
India-USA relationship defines 21st century.
So trade with the US is now called invasion 😂😂😂
It's called cunning comprende,? SMART
Soon your iPhone will be made in Mexico.
Yes.
Northern Mexico.
The US will likely start to close those “loop-wholes” once inflation slows. They just started putting pressure on countries importing Russia oil this year. It takes time.
But it's time the US and the Fed don't have. Inflation is accelerating, BRICS is starting to gain traction and attract more countries, and the oxygen-sucking stupidheads in D.C. want to spend more money on everything - most peculiarly Ukraine - and Anericans and Europeans are struggling to keep food in the house and the temperature in livable ranges. There comes a point at which stupidity blows up in one's face.
That's a very tall order to compare China with Mexico. Lets take a look at the real numbers.
Today 2024, China has 3.4 trillion dollars in reserves of foreign currency and gold. Just to have an idea, the Chinese reserves are more than the combined reserves of Japan, United States, Russia, South Korea, Saudi Arabia and Germany .
Mexico has 5% of the reserves that China has.
Plus China owns over one trillion dollars in US foreign debt bonds. Mexico owns 11 billion in US bonds, the difference is 90 times more.
And last but not least, the GDP of China is over 17 trillion, Mexico is 1.8 trillion which means the economy of China is almost 10 times the size of Mexico. So there's really no comparison.
3000% increase in 20 years. man we could not even build a rail line in 20 years.
just China made better offer for Mexico - USA can invest in Mexico , pay more and people will choose US
0:00 our hemisphere has been invaded by china...
And the US has 800+ bases around the world. Who invaded who first - and by what means again?
Our (US) Backyard?????? That people should apologise to all latinamericans for saying that!!!!!!!
I try to avoid Chinese products when possible. I don't want to support communism. India will hopefully become the new leader.