China Emerges as Sub-Leader in Foreign Direct Investment (FDI) Announcements towards Mexico
The news highlights China as the second source of new productive investment projects in Mexico, with intentions to invest over $12.6 billion between January and November 2023, to be executed in the next two or three years.
While the United States leads with $42.095 billion in announced investments, the relevant role that China can play in strengthening the production of primary inputs in Mexico is emphasized, especially in the context of nearshoring.
Significant projects, such as those by LGMG Group and Jetour, are mentioned, along with investments in the semiconductor manufacturing industry by Pegatron and Wistron. The efficient management of primary inputs is underscored for the profitability and competitiveness of businesses.
Read full article: https://www-eleconomista-com-mx.cdn.ampproject.org/c/s/www.eleconomista.com.mx/amp/empresas/China-sublider-en-anuncios-de-IED-hacia-Mexico-20231218-0143.html