[Mexico] What the Impact of Chinese Investments Could Mean for Mexico
What the Impact of Chinese Investments Could Mean for Mexico
Move over, America. China is now taking a stake in Mexico’s infrastructure. In the past couple years, China has invested billions of dollars in Mexico and other Latin American countries. This year, Chinese President Xi Jinping announced that China would invest $250 billion in Latin America between 2015-2018, with the goal of $500 billion in trade with Latin American countries. In Mexico, Chinese imports have steadily increased since 1999, with nearly $70 billion in imports in 2015, according to data from Atlas.