"Like other countries worried about the uncertainties of a Trump administration, Mexico will look to deepen engagement with China," said Shawlin Chaw, senior analyst at Control Risks.
A number of U.S. allies have expressed concern over the apparently isolation-prone Trump administration, and China is looking to exploit that dynamic.
"China will certainly fill up the American vacuum in Mexico," said Jonathan Bogais, adjunct associate professor, at the University of Sydney.
Chinese President Xi Jinping emphasized that point at the World Economic Forum in Davos last month, saying his country was ready to take on leadership role in international trade.
"Mexico has one of the highest number of bilateral trade agreements in the world and China was its third-largest trading partner in 2015?with exports to the mainland tallying $4.8 million, according to the World Bank.
0 comments:
Post a Comment